Yuanda announces new IPO price for smaller $286m deal

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Yuanda announces new IPO price for smaller $286m deal

Yuanda China Holdings returned to the Hong Kong stock market this week, offering investors a HK$2.225bn ($286m) IPO a week after it had intended to close the issue. The company returned to the market with a fixed share price about 22% lower than the bottom of its initial range.

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