Friday, December 20, 2013

Epic Research Singapore : Hang Seng Market Update

Hong Kong was also in focus Friday, with the Hang Seng Index HK:HSI -0.38%  down 0.5%, as investors reacted to two large deals in the city.

China Everbright Bank Co. HK:6818 0.00%  lost 3.8% on its trading debut after raising $3 billion in Hong Kong’s largest 2013 initial public offering. The 11th-largest bank in China by assets priced its deal close to the middle of the price range, succeeding to list on its third attempt.  


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