Published: 9:00pm, 31 Jul, 2018 Updated: 11:50pm, 31 Jul, 2018
The HKD3.4bn ($433.2m) tranche of shares in China Tower's Hong Kong IPO that were made available to retail investors was only just oversubscribed, according to sources. Shares closed at $31.20 on the first day and have since fallen by about 10 per cent.