Big share offerings expected to hit soon
The market is holding its breath in anticipation of several huge initial public offerings, including one by Haitong Securities, materialising in the next two months. Sources said Haitong, which scrapped its HK$ 13 billion listing plan in December last year, had submitted updated financial data to the Hong Kong stock exchange and would probably list by June. Further listing details such as deal size and price range were not available.
