Chalieco IPO

Chinalco’s engineering unit raises $184 million from HK IPO

Amid weak market sentiment, Chalieco draws lacklustre demand from retail investors and fixes the price at the bottom of the range.

<div style="text-align: left;"> One of Chalco's alumina refinery projects in Guangxi </div>

June 29, 2012

China Aluminum International Engineering Corp (Chalieco) has raised HK$1.43 billion ($184 million) from its initial public offering in Hong Kong after pricing the deal at the bottom of the indicative range.

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