China education group Bojun jumps on HK debut; up 22 pct vs issue price

Bojun Education

31/07/2018 04:38

** Shares of private education services firm Bojun Education
Co Ltd  1758.HK  rise as high as HK$2.88 on their debut in Hong
Kong, 22 pct above their issue price of HK$2.36 apiece
    ** Co ranks as 9th most-heavily traded stock in morning
session
    ** The Chinese education group, with schools located in
Chengdu in Sichuan province, sells 200 million shares in Hong
Kong IPO, raising HK$438.4 million in net proceeds to establish
new schools ($56 million)
    ** As of 0324 GMT, about 139.58 million shares of the
Sichuan-based company have been traded
    ** Hong Kong benchmark index  .HSI  falls 0.5 pct
    ($1 = 7.8480 Hong Kong dollars)

 (Reuters Messagging: donny.kwok.thomsonreuters.com@reuters.net)