Guodian Technology and Hosa join IPO rush in Hong Kong

Guodian Technology eyes up to $647 million and Hosa returns to market with a downsized offering of $82 million, while Beijing Jingneng revives its IPO plan by kicking off investor education.

Guodian Technology and Hosa join IPO rush in Hong Kong
A power station in Jilin belonging to China Guodian Corp (ImagineChina)

Guodian Technology and Environment Group yesterday launched an institutional roadshow for an initial public offering of between HK$4.49 billion and HK$5.03 billion $578 million to $647 million as the last wave of companies hoping to list in 2011 hit the market in Hong Kong.

Beijing-based Guodian Technology is the biggest provider of environmental protection and energy conservation solutions for coal-fired power plants in China, and also makes renewable energy equipment. It is part...

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