Citi-linked China broker's IPO 90 times oversubscribed in $150 bln investor rush
March 13, 2015 at 01:17 AM EDT
SHANGHAI, Mar 13 (Reuters) - Orient Securities Co's $1.6 billion initial public offering, the largest mainland China listing since 2011, was oversubscribed by a factor of over 90 as investors scrambled for a sale boosted by new rules capping IPO prices and soaring industry profits.
