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
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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