China Hongqiao to list in HK

China Hongqiao Group Ltd, the country's largest privately owned aluminum producer, is seeking as much as HK$17.2 billion ($2.2 billion) in a Hong Kong IPO on Feb 11 to help it double capacity by 2012.
Hongqiao, which mainly produces molten aluminum alloys, is selling 1.74 billion shares at HK$7.10 to HK$9.90 apiece, according to the terms of the sale. JPMorgan Chase & Co, Barclays Capital, BNP Paribas, BOCOM International and ICBC International are managing the transaction.
Source:China Daily