Sinotruk falls 8.4 percent in HK IPO debut

Newswire

(For an expanded IPO diary, please click ) HONG KONG, Nov 28 (Reuters) - Shares in Sinotruk (Hong Kong) Ltd , China's largest heavy truck maker, which raised US$1.2 billion in an initial public offering, fell 8.4 percent in their market debut on Wednesday, the latest newcomer to face a rough first day amid volatile markets. Shares in the company were indicated at HK$11.80 each in pre-market trade. Its IPO was priced at HK$12.88 per share, the top of an indicated range, giving it a ...

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