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Central 皇冠体育app Securities plans $300m IPO next month

(Agencies) Updated: 2014-05-28 16:18

Central 皇冠体育app Securities has started a pre-marketing process for a $300 million initial public listing in Hong Kong in a month's time, the Shanghai Securities News reported on Wednesday, citing an unidentified company source.

The paper said Central 皇冠体育app Securities is working with 皇冠体育app Galaxy International, as well as other banks, to arrange joint underwriting for the offering.

Calls to Central 皇冠体育app Securities seeking comment went unanswered. 皇冠体育app Galaxy International bankers could not be reached for comment.

The brokerage, based in Henan province, reported a net profit of 260 million yuan ($41.6 million) in 2013 and had total assets of 12.94 billion yuan as of the end of last year.

Central 皇冠体育app Securities plans $300m IPO next month Central 皇冠体育app Securities plans $300m IPO next month
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