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Haitong UniTrust International shares close flat on debut trading day

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Haitong UniTrust International shares close flat on debut trading day

Haitong UniTrust International Leasing Co. Ltd.'s shares closed at the offer price of HK$1.88 on their debut trading day on the Hong Kong Stock Exchange.

Shares of the Haitong Securities Co. Ltd. unit closed at HK$1.88 at close of trading on June 3, after hitting an intraday high of HK$1.90.

The Chinese leasing company offered 1,235,300,000 shares, which represent about 15% of the company's post-IPO shares, to raise HK$2.32 billion.

Haitong UniTrust International Leasing is a Chinese financial leasing company, and has businesses including financial leasing, operating leasing, entrusted loans and other loans, and advisory services.