Ozner and Dynagreen price HK IPOs

Two Chinese environmental companies relied heavily on retail interest to complete their deals, an indication that Hong Kong's IPO market is turning around.

Ozner and Dynagreen price HK IPOs

Hong Kong’s IPO market has picked up momentum this week after two environmental companies successfully floated their shares.

Ozner Water, one of China’s largest water purification suppliers, secured $147 million in its offering, while Dynagreen Environmental Protection Group, a Chinese waste-to-energy company, raised $133 million.

Ozner’s offering was significant as it was the first Hong Kong IPO to price its shares at the top of the range since Poly Culture, China’s largest...

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