China's Orient Securities set for flat open in Hong Kong debut

July 8, 2016 1:33 AM

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HONG KONG, July 8 Shares in Orient Securities Co , which has an investment banking joint venture with a unit of Citigroup Inc in China, were set to open flat in their Hong Kong debut on Friday.

Orient Securities raised about $1 billion in its Hong Kong initial public offering of shares, after pricing its offering at HK$8.15 per share, near the bottom end of expectations, last week.

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