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IPO

IPO

Hang Fung IPO oversubscribed

PUBLISHED : Thursday, 11 March, 1999, 12:00am
UPDATED : Thursday, 11 March, 1999, 12:00am

Hang Fung Gold Technology, Hong Kong's leading manufacturer and exporter of gold and other precious metal products, said it had received a subscription of about 1.19 times for its initial public offering of 23.55 million shares.