Orient, CDB Leasing price IPOs near bottom

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Orient, CDB Leasing price IPOs near bottom

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Panoramic view of Hong Kong skyline. China. | Luciano Mortula/MasterLu - Fotolia

China’s DFZQ, also known as Orient Securities Co, and China Development Bank Financial Leasing Co have raised a combined HK$14bn ($1.8bn) after pricing their IPOs towards the low end of guidance, according to sources close to the deals.

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