HKEX (00388.HK) -1.500 (-0.846%) Short selling $83.38M; Ratio 9.671%
mentioned in its annual results report that the Shanghai-Hong Kong
Stock Connect was launched on 17 November 2014. In the period from 17
November to 31 December, Northbound and Southbound Trading achieved
daily average turnover of RMB5.584 billion and HK$929 million
respectively. As at 31 December 2014, there were 97 China Connect
Exchange participants and 63 Trade-through Exchange participants
registered to participate in Northbound Trading, while there were 89
members of the SSE registered to participate in Southbound Trading. The
total revenue and other income contributed from the Stock Connect during
2014 was approximately $68 million.
Hopewell Hold (00054) sells Hopewell Infr stake for $9.9B Hopewell Holdings (00054) has agreed to sell 2.055 billion shares of Hopewell Highway Infrastructure (00737) , representing 66.69% of the issued share capital of the company, to Shenzhen Investment International Capital Holdings Infrastructure Co. to HK$9.865 billion in cash, or HK$4.8 per share, which has a discount of 3.61% to the closing price of HK$4.98 per share on 29 December 2017. Upon completion of the deal, the purchaser and parties acting in concert with it will own a total of 66.69% stake in Hopewell Highway Infrastructure and the purchaser will be required to make an unconditional mandatory cash offer for all other issued shares of Hopewell Highway Infrastructure also at HK$4.8 per share. The total consideration of the offer will be HK$4.927 billion assuming full acceptance of the offer. The offeror intends to maintain Hopewell Highway Infrastructure's share listing following the close of...
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