Ganfeng Lithium seals HK listing at low end

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By John Loh
04 Oct 2018

Ganfeng Lithium is set to raise HK$3.3bn ($421.6m) from its Hong Kong IPO on Thursday after pricing shares at the low end of expectations.

The global co-ordinators for the listing had earlier guided investors towards the bottom of the marketing range of HK$16.50-HK$26.50 per H-share, with the base deal comprising 200.2m primary shares.

Although a final decision on the pricing was yet to be signed off on Thursday evening, bankers working on the ...

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