Pre-marketing wraps up for China Resources Peoples Telephone

Lead manager UBS is preparing to launch formal roadshows on Monday for an IPO of up to $200 million in Hong Kong cellular operator, China Resources Peoples Telephone. With ABN AMRO Rothschild and CLSA as co-leads, the company will sell 30% of its enlarged share capital (including the greenshoe) through an offering that comprises an equal mix of old and new shares.