China CNR Corp prices IPO towards bottom

Chinese train manufacturer brings some cheer back to the Hong Kong IPO market following pulled WH Group listing.

China CNR Corp’s 1.82 billion share initial public offering was priced at HK$5.17 per share on Friday, towards the bottom end of its HK$5 to HK$6.20 indicative range.

¬ Haymarket Media Limited. All rights reserved.

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