China bar chain Helens International shines on Hong Kong debut

Helens International Holdings

10/09/2021 03:49

** Shares of Chinese bar chain network Helens International
Holdings Co Ltd  9869.HK  trade as high as HK$25.75 each in Hong
Kong trading debut, up 30.2% from the IPO price 
    ** Stock last up 22.4% from the IPO price of HK$19.77
apiece; the fifth most actively traded shares by turnover in
early trade
    ** The Guangdong, China-based company, which operates a
network of 528 bars in the mainland, sold 134.65 mln shares in
Hong Kong IPO raising HK$2.66 bln ($342.1 mln) for opening new
bars and to fund its expansion over the next three years
 urn:newsml:reuters.com:*:nFWN2QA0SH
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
rises 1.7%, and the Hang Seng consumer goods and services index
 .HSCGSI  climbs 0.8%
    ** The Hang Seng China Enterprises Index  .HSCE  jumps 2.1%
and the benchmark index  .HSI  surges 1.6%
    ($1 = 7.7763 Hong Kong dollars)

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