BAIC prices $1.42bn IPO in the middle

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BAIC prices $1.42bn IPO in the middle

John Loh
December 15, 2014 12:15 pm
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Mercedes-Benz C 250 BlueTEC, Avantgarde, Diamantweiss metallic, Leder Seidenbeige, Zierelemente Aluminium, (W205), 2013 | Daimler AG - Global Communicatio

BAIC Motor has raised HK$11.04bn ($1.42bn) after pricing its IPO — one of the last billion-dollar listings for Hong Kong in 2014 — just above the midpoint of guidance.

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