Mini-car maker AviChina up sharply in pre-open debut

Newswire

HONG KONG, Oct 30 (Reuters) - Shares in AviChina Industry & Technology Co Ltd were indicated at HK$1.40 in the pre-open session of their Hong Kong trading debut on Thursday, 15.7 percent higher than their issue price of HK$1.21 each. China's biggest mini-car and helicopter maker raised HK$1.935 billion (US$248.08 million) from its initial public offering, one of the largest in Hong Kong so far this year. The deal, sponsored by BOC International and ING Bank, makes AviChina the first ...

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