Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

China High Speed and Management Sell Up to $425 Million Shares

Sept. 9 (Bloomberg) -- China High Speed Transmission Equipment Group Co. and its management are selling up to $424.7 million shares, according to an e-mail sent to fund managers. China High Speed is offering 130 million new shares at HK$16.65 to HK$17.65 each. Its management shareholders are selling 57 million existing shares at the same price, according to the e-mail.

Goldman Sachs Group Inc. is managing the sale. Eddie Naylor, a Hong Kong-based spokesman for Goldman Sachs, declined to comment.

Link to Company News:{658 HK <Equity> CN <GO>} Link to Company News:{GS US <Equity> CN <GO>}

To contact the reporter on this story: Bei Hu in Hong Kong at bhu5@bloomberg.net

To contact the editor responsible for this story: Bloomberg News at navery2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.