 Prudential PLC, the UK-based insurer, has confirmed plans to raise HK22.5bn 2bn through a listing of new shares on the Hong Kong stock market. The London-based group said it would sell 130.8mln new shares or about 5 of its total in issue through a combination of an institutional placing, an employee tranche and an offer of 6.5mln shares to local investors in Hong Kong. 