AMTD International Inc. Announces Pricing of Initial Public Offering

NEW YORK--(BUSINESS WIRE)--AMTD International, Inc. (NYSE:HKIB) (“AMTD” or the “Company”), a subsidiary of AMTD Group, a premier Hong Kong-headquartered financial institution, Asia’s No. 1 independent investment banking firm1 and the largest independent asset management firm in Asia for PRC regional banks and new economy companies2, announced the pricing of its initial public offering of 20,759,700 American depositary shares (“ADSs”) at a price to the public of US$8.38 per ADS on August 2, 2019. In addition, the Company has granted the underwriters a 30-day option to purchase up to an aggregate of 3,113,955 additional ADSs from the Company to cover over-allotments. The total gross proceeds of the offering are expected to be approximately US$200 million if the underwriters choose to exercise their over-allotment option in full.