China Oceanwide plans $2.3 billion rights share issue to fund expansion

International Financial Ltd said it planned to issue HK$18.25 billion ($2.34 billion) worth of new shares, raising capital to expand securities and brokerage businesses so as to maintain growth momentum and to enhance competitiveness. The Hong Kong-based financial group said it would sell 16.


Read all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.