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Soho China pours 3% Grand blessing proposal to buy HK $6.99

Source: Internet
Author: User
Keywords Premium China Merchants Bank Hong Kong dollar morning lift
Tags .net company it is market net net assets soho china stock
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As early as the Chinese Merchants Bank (03968-HK) Tens of billions of dollars to attract mergers and acquisitions vision of Soho China's morning after the rebound, the afternoon lift, the stock price is up 2.94% to 4.55 Hong Kong dollars, deal 21.36 million shares.　　The report said that the proposed purchase of the unit, the target price of HK $6.99, equivalent to the estimated net assets per share, than the market premium of 54%. The Soho China is gradually increasing its leverage ratio to further expand, Fu pointed out. It is expected that the company's contract sales in the year will reach RMB 5 billion, the annual turnover can reach 7.7 billion yuan, of which 88% has been locked.

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