China ZhengTong sets HK IPO price at HK$6.80-8.60


HONG KONG, Nov 22 (Reuters)- China ZhengTong Auto Services Holdings Ltd has set its Hong Kong initial public offering price in a range of HK$6.80 to 8.60 per share, according to a term sheet seen by Reuters on Monday. The company is offering 500 million shares and has an over-allotment option to issue another 75 million shares, the document said. JP Morgan is the deal's sole global coordinator. (Reporting by Leonora Walet; Editing by Ken Wills)

Premium Content (PAID Subscription Required)

"China ZhengTong sets HK IPO price at HK$6.80-8.60" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×