The largest source of cars in China increases 11 % in Hong Kong for the first time

Sherry Automobil, the largest auto source in China, has seen her shares on her first appearance in Hong Kong after raising $ 9.1 billion from Hong Kong ($ 1.2 billion) through a preliminary public offer.

The stock was traded at $ 34.16 Hong Kong, about 11 % Above the subscription price of the public 30.75 dollars Hong Kong. Chery is among a wave of Chinese companies that click on the prosperous public subscription market in Hong Kong.

While the decision was launched, the company canceled the planned insertion ceremony on the Hong Kong Stock Exchange due to the closure of the city after Super Typhoon Ragasa the day before.

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