[ET Net News Agency, 2 July 2015] Chen Xing Development (02286) said its retail
offering was over-subscribed by about 3.29 times and the international placing was
moderately over-subscribed.
The offer price has been determined at HK$3 per share, with estimated net proceeds of
about HK$257.3 million.
Dealings in shares of Chen Xing are expected to commence tomorrow morning, with a board
lot size of 1,000 shares each.
Chen Xing Development is a property developer in Shanxi Province, focusing on
development projects primarily comprising residential and, to a lesser extent, commercial
properties. (HL)