HONG KONG -- Trip.com Group, a Nasdaq-listed Chinese online travel company, is set to raise 8.47 billion Hong Kong dollars ($1.09 billion) from a share offering in the city, according to two people familiar with the transaction.
The company, which offered 31.6 million shares, or a 5% stake, is likely to price its second listing at HK$268 a share, which equates to a 2.1% discount to the stock's closing price on Monday on the Nasdaq exchange in the U.S.
