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Hutchison Whampoa's concussion rises 2.39% in the afternoon

Source: Internet
Author: User
Keywords Equity Hong Kong dollar Hess
Tags company higher listed listed in listing media media reports sources
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Hutchison Whampoa Rose 2.39% on the afternoon of 1st, reporting a 55.65 Hong Kong dollar, media reports and news of a 34.57%-owned husky or a 2010 listing in Hong Kong to spur the price shock higher. Hutchison Whampoa (00013) rose 2.39% on the afternoon of June 1 to HK $55.65, the media quoted sources as saying that the company, which holds 34.57% per cent of its shares in Canada, or was listed in 2010 to raise funds for up to 1 billion U.S. dollars (about HK $7.8 billion). The report alleged that Husky has been meeting with investment banks such as JPMorgan Chase, Merrill Lynch, Morgan Stanley and Goldman Sachs in the past few weeks, and plans to sell 25% shares to raise 1 billion dollars, the company's overall value of 4 billion US dollars (about HK $31.2 billion), and thus become a listed company in Canada and Hong Kong.

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