Dajin Heavy sets Hong Kong share price at the top end
Dajin Heavy Industry priced its Hong Kong listing at HK$66.40 to raise $736.3 million. Proceeds will fund deep-sea wind projects and a European assembly hub.
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DAJIN HEAVY INDUSTRY CO LT-A priced its Hong Kong IPO at the top of its range to raise HK$5.77 billion ($736.3 million). The Shenzhen-listed wind equipment maker set the offer price at HK$66.40 per share on Wednesday. The deal signals robust demand for offshore capital among China-based firms amid a surge in regional listings.
