China's theme park developer Haichang Ocean Park hit record high on sharesale

Haichang Ocean Park Holdings

02/06/2022 02:51

** Shares of Chinese marine-life theme park developer and
operator Haichang Ocean Park Holdings Ltd  2255.HK  jump 7.5% to
HK$7.35, highest since debut in March 2014 
    ** Shanghai-based company plans sale of 57 mln new shares,
or 1.4% of the enlarged share capital, raising HK$313.5 million
($39.95 million) to fund development of a marine cultural theme
park in China's Zhengzhou, to expand asset-light management
output business and for working capital  urn:newsml:reuters.com:*:nFWN2XO0YC
    ** Says the shares will be sold at HK$5.50 each, or a 19.6%
discount to Wednesday's close of HK$6.84 each
    ** As of last close, the stock had soared 115.1% this year
    ** Hang Seng Commerce & Industry Index  .HSNC  falls 1.4%
and Hang Seng Composite Index tracking properties and
construction stocks  .HSCIPC  drops 1.6% 
    ** Hang Seng Composite Index  .HSCI  slips 1.1% and the
benchmark Hang Seng Index  .HSI  slides 1.3%

     


($1 = 7.8466 Hong Kong dollars)

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