By Joe Hoppe Zhejiang Yongtai Technology Co. said it intends to price its global depositary receipts at $9.41 each in its flotation in London on July 11,.
The FTSE 100 widened the previous day s fall, closing down 2.2% to 7280 points with almost all stocks in the red in line with global peers amid increasing concerns that U.K. interest rates will.
Morgan Stanley Cautious on UK Banks Given 6% Rates Margins Implications 1125 GMT - Morgan Stanley is taking a more cautious view on U.K. banks deposit mix and structural hedge, sensitizing.
002326 | Complete Zhejiang Yongtai Technology Co. Ltd. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
By Ian Walker Zhejiang Yongtai Technology Co. said Wednesday that it plans to raise up to $100 million and float its global depositary receipts in London.