Friday, March 18, 2011

Hutchison Port Holdings fell more than 5% on its debut

Hong Kong billionaire Li Ka-shing’s Hutchison Port Holdings Trust (HPHT.SI) fell as much as 6% on its Singapore debut on Friday's trading on the Singapore Exchange, hurt by ongoing concerns about Japan’s nuclear woes and escalating tensions in the Middle East. Its IPO price is set at US$1.01.

Hutchison Port owns and operates ports in Shenzhen and Hong Kong.

No comments:

Post a Comment

Do provide your constructive comment. I appreciate that.