Lee and Man prices IPO

Lee & Man follows Weiqiao''s success with another well received IPO from Hong Kong.

A HK$781.9 million ($100 million) IPO for Lee & Man Paper Manufacturing has been completed by bookrunner CLSA. The 187.5 million share deal was priced at HK$4.17 per share, towards the top end of its HK$3.33 to HK$4.50 indicative range.

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