Another brokerage is set to list on the main board, raising the number of securities houses to float shares this month to three.
Market sources said OSK Asia Holdings had employed Worldsec International to sponsor its listing which was scheduled for the end of the month.
The firm plans to issue 25 per cent of shares to raise about HK$60 million to fund its Internet trading development and retail network expansion, the sources said.
Managing director Stephen Hui Chiu-chung confirmed the plan yesterday, saying listing details would be announced on Monday.
Karl Thomson Holdings listed on September 8 and SW Kingsway Capital is scheduled to list today.
Cash Online, the Internet arm of Celestial Asia Securities Holdings, is also scheduled to list on the Growth Enterprise Market at the end of next month.
Analysts said substantial windfalls from shares in Hong Kong Exchanges and Clearing gained through the March merger of the stock and futures exchanges had made brokers more attractive to investors, thus presenting a good period to tap into the capital market.
