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International Taifeng (00873.HK) Lists on the Stock Exchange of Hong Kong
2010-06-15
International Taifeng, one of China¡'s leading manufacturers and distributors of quality cotton yarns and bedding products, successfully listed its shares on the main board of the Hong Kong Stock Exchange on June 11th, 2010. This IPO and listing exercise raised HKD 445,143,000 for International Taifeng, with a price of HKD 2.06 for each share. Global acted as the PRC legal counsel for the sole sponsor CIMB Securities (HK) Limited and the underwriter Daiwa Capital Markets Hong Kong Limited. Global's team included Li Jun, Liu Yan and Wang Feiya.