Rusal placement Price or for HK $10.8 analyst specified Price not aggressive

Source: Internet
Author: User
Keywords Sina Hong Kong dollar analyst Rusal
Tags analysts company financial higher market sina telephone
January 22 Afternoon News, the City of Aluminum (00486) of the placing price of HK $10.8, some analysts think this price is not aggressive. Today, market news indicates that the international placing price of RUSAL (00486) will be priced at HK $10.8, and more than 300 institutional investors have subscribed.  In this calculation, the scale of its fund-raising is HK $17.39 billion. For this price, Sun Hung Kai Financial Ye Haiyan received Sina Financial telephone interview, said that the 10.8 Hong Kong dollar for Rusal is low price, because the company because of the debt problem, so rusal investment risk is higher. "To attract more investors, Rusal needs to be priced at a lower level.  "Ye Haiyan said. "I think the price is moderate, about 10% discount," said Alex Tam, an analyst at FT-MFD Distribution 2¥q, in an interview with Sina Finance.  "He analyzed the point that rusal should attract investors in price and try to get money to improve debt, in which case Rusal should be priced at the middle price." Rusal will be listed in Hong Kong on January 27, and sponsors are Faba and Credit Suisse. Rusal announced earlier the placement price range of 9.1 to HK $12.5. Rusal's IPO will not be available for sale. (Yuet from Hong Kong)
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