China Tobacco International shares vault by 14pc on debut

Business | 12 Jun 2019 1:20 pm

Shares in main board debutant China Tobacco International, vaulted today by more than 14 percent to HK$5.57 by mid day, whil eblue chips gave up more than 1 percent.

The company is the overseas subsidiary of  th estate-owned tobacco behemoth.

The company raised HK$734 million by pricing its shares at the high end of the indicative range at HK$4.88 per share.

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