China Hongqiao Group Ltd is seeking up to HK$17.2 billion ($2.2 billion) in a Hong Kong initial public offering on Feb 11, Bloomberg reported.
Shandong-based Hongqiao, an aluminum producer, is selling 1.74 billion shares at HK$7.10 to HK$9.90 apiece, according to Bloomberg.
The proceeds will be used to double capacity, Bloomberg said.>
