Huishang Bank attracted some interest from international institutions, and one source said there were more than 100 accounts in the order book.
Huishang Bank has raised HK$9.21 billion $1.19 billion from its Hong Kong initial public offering after fixing the price slightly above the bottom of the range at HK$3.53.
The city commercial bank, which is based in the Anhui province just west of Shanghai, was offering the shares at a price between HK$3.47 and HK$3.88.
Pricing coincided with a somewhat muted debut by Bank of Chongqing on Wednesday. The...