Ahmedabad

China Tower set for prosaic Hong Kong entrance after world’s largest IPO in dual years

HONG KONG (Reuters) – China Tower Corp Ltd’s (0788.HK) shares were staid to open prosaic on their entrance in Hong Kong on Wednesday, as investors scrambled to obtain a square of a world’s biggest initial open charity (IPO) in dual years.

It labelled a IPO final week during a bottom of an demonstrative range, lifting $6.9 billion in a world’s biggest inventory given Postal Savings Bank of China Co Ltd’s (1658.HK) $7.63 billion Hong Kong boyant in 2016.

The shares were set to open prosaic during HK$1.26.

Reporting by Jennifer Hughes; Editing by Anne Marie Roantree

Article source: http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/tS1dpanB5bk/china-tower-set-for-flat-hong-kong-debut-after-worlds-largest-ipo-in-two-years-idINKBN1KT045

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