drill rigs

Honghua prices IPO in the middle of the range

The price pitches the oil rig manufacturer at a discount to its key comparables and allows it to raise $409 million.

March 02, 2008

Chinese oil rig maker seeks $480 million from IPO

Honghua's offering will be keenly watched as it could become the first company of size to list in Hong Kong this year after several other deals were pulled.

February 19, 2008