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Chinalco’s engineering unit raises $184 million from HK IPO
Amid weak market sentiment, Chalieco draws lacklustre demand from retail investors and fixes the price at the bottom of the range.
June 28, 2012
China Aluminum International Engineering Corp (Chalieco) kicked off the management roadshow yesterday for an initial public offering that is targeting to raise between HK$1.43 billion and HK$1.72 billion ($184 million to $221 million).
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