Chemicals company prepares for Hong Kong IPO

Thenardite producer Lumena has started investor education for a deal that may raise up to $150 million.

Most investors in the Hong Kong stock market are about to learn something new over the next few weeks as Chinese chemicals company Lumena Resources Corp gets ready to launch an initial public offering. While it is the world's second largest producer of thenardite, the company is likely to face a situation where few investors are familiar with the industry -- let alone know what thenardite is. That in mind, joint bookrunners BOC International, Credit Suisse and Macquarie, which kicked...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: ipo | chemicals | boci | credit suisse | macquarie

Print Edition

FinanceAsia Print Edition

EVENTS