AAG Energy postpones Hong Kong IPO

The Chinese natural gas producer blames a challenging IPO market, while Zhengzhou Coal’s stock slides nearly 9% in its trading debut.

AAG Energy, a Chinese natural gas producer, has decided to put off its initial public offering of $160 million to $200 million due to a difficult environment for IPOs in Hong Kong, a source said yesterday.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media