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Business News » World News

China Tower set for flat Hong Kong debut after world's largest IPO in two years

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Updated: Wed, Aug 08, 2018
07:00 am
Reuters
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Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details

China Tower Corp Ltd`s shares were poised to open flat on their debut in Hong Kong on Wednesday, as investors scrambled to obtain a piece of the world`s biggest initial public offering (IPO) in two years.

It priced its IPO last week at the bottom of an indicative range, raising $6.9 billion in the world`s biggest listing since Postal Savings Bank of China Co Ltd`s $7.63 billion Hong Kong float in 2016.

The shares were set to open flat at HK$1.26.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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