BRIEF: Hongqiao raises $1.47 billion via share sale at 10% discount
Aluminum producer China Hongqiao Group Ltd. (1378.HK) said on Monday it sold 400 million shares in a top-up placement, representing approximately 4.03% of its enlarged share capital after the sale.…
BRIEF: Chuangxin Industries launches $700 million IPO
Electrolytic aluminum producer Chuangxin Industries Holdings Ltd. (2788.HK) launched its Hong Kong IPO on Friday, aiming to raise HK$5.5 billion ($708 million) by selling 500 million shares for between HK$10.18…
BRIEF: China Hongqiao profit nearly doubles in 2024
Aluminum maker China Hongqiao Group Ltd. (1378.HK) said it expects to report that its net profit for 2024 increased about 95% on higher aluminum prices, according to a positive profit…
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