China's Futu Holdings to raise funding via IPO.

BANKING AND CREDIT NEWS-March 8, 2019--China's Futu Holdings to raise funding via IPO

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Global Banking News - 08 March 2019

Tencent-backed Chinese brokerage, Futu Holdings Ltd, is to raise funds through an IPO.

The firm has announced plans to raise USD90m. The online broker is planning to raise the funds after pricing its US initial public offering at the top of the targeted range. The firm is looking to sell 7.5 million American depositary shares at USD12...

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