UPDATE 3-Fashion retailer Ports Design dazzles in HK debut

Newswire

(Updates with closing price) By Vicki Kwong HONG KONG, Oct 31 (Reuters) - Luxury fashion retailer Ports Design Ltd made a dazzling stock market debut in Hong Kong on Friday, with its shares jumping on investor hopes of growing demand for expensive clothes among affluent Chinese. The company, which runs the Ports International clothing chain in Asia, raised HK$367.5 million ($47.12 million) from a share sale handled by CLSA Equity Capital Markets Ltd. Shares in Ports Design ended the ...

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