China's express freight group ANE falls in Hong Kong debut

ANE (Cayman)

11/11/2021 03:27

** Shares of China's express freight network operator ANE
(Cayman) Inc  9956.HK  fall as much as 7.6% from the offer price
to HK$12.82 in Hong Kong trading debut 
    ** Stock last down 6.2% from the offer price of
HK$13.88/share
    ** Shanghai-based road transportation group sold 80.22 mln
shares in global offering, raising HK$1.11 bln ($142.5 mln) for
building transit hubs, acquiring truck tractors and trailers,
and upgrading technologies and automated facilities  urn:newsml:reuters.com:*:nFWN2S021O
    ** The Hang Seng Commerce & Industry Index  .HSNC  falls
0.9%, and the Hang Seng Composite Index  .HSCI  slips 0.2%
    ** The Hang Seng China Enterprises Index  .HSCE  eases 0.1%
and the benchmark index  .HSI  slides 0.3%

($1 = 7.7889 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))