SHANGHAI, Aug. 16 (SMM) – On August 15, 2017 (after trading hours), China Hongqiao entered into a share placing agreement with share subscriber CTI Capital Management Limited.
According to the agreement, CTI Capital Management Limited has agreed to subscribe for and China Hongqiao has agreed to allot and issue about 807 million placing shares at the placing price of HKD 6.80 per share.
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