{"id":3373,"date":"2011-03-09T22:09:00","date_gmt":"2011-03-09T22:09:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2011\/03\/09\/hph-singapore-listing-makes-waves\/"},"modified":"2026-08-27T15:31:05","modified_gmt":"2026-08-27T14:31:05","slug":"hph-singapore-listing-makes-waves","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2011\/03\/09\/hph-singapore-listing-makes-waves\/","title":{"rendered":"HPH Singapore listing makes waves"},"content":{"rendered":"<p>Reuters reports that traders close to institutional bankers said Hutchison&#8217;s book generated institutional orders at a price range of $0.99- $1.03 a unit or slightly above the middle of the range, reflecting investors&#8217; demand to seek a higher yield.<\/p>\n<p>According to the preliminary prospectus, the listing will also see an additional investment of $1.6bn (\u00a3993m) from investors including Singapore state investor Temasek Holdings, US hedge fund Paulson &amp; Co and Cathay Life Insurance.<\/p>\n<p>HPH is a subsidiary of Hutchison Whampoa, one of the flagship companies of the Hong Kong billionaire Li Ka-Shing, and one of the world\u2019s biggest port operators, with stakes in 51 ports in 25 countries. The IPO covers the operator\u2019s port assets in Hong Kong and southern China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oversubscribed and reportedly closing a day ahead of schedule, Hutchison Port Holdings Trust\u2019s $5.8bn initial public offering has proved renewed investor interest in the ports sector.<\/p>\n","protected":false},"author":8,"featured_media":3374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"sponsor":[],"class_list":["post-3373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=3373"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3373\/revisions"}],"predecessor-version":[{"id":3375,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3373\/revisions\/3375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/3374"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=3373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=3373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=3373"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=3373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}