China Everbright prices unit IPO at mid-range, valuing firm at $1.4b

China Everbright prices unit IPO at mid-range, valuing firm at $1.4b

China Everbright | Photo: Bloomberg

China Everbright International said on Friday an offering of shares of its greentech subsidiary has been priced been at HK$5.40 each, near the mid-point of an indicative range, valuing the business at HK$10.8 billion ($1.39 billion).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter