HKEX (00388.HK) -1.100 (-0.613%) Short selling $30.91M; Ratio 4.829% expects a trading link with the Shenzhen Stock Exchange to be launched in the second half of this year, Reuters cited the source as saying. Such timeline could lower China's chance of being included in the MSCI Index.
UCD (01599) plans to raise Rmb600m from A shares issue Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing. The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share. The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national engineering...
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