HK Electric raises $3.1 billion from IPO

Offering by Li Ka-shing's trust priced at low end of guidance after investors showed lukewarm appetite to the assets during bookbuilding.
Li Ka-shing
Li Ka-shing
January 22, 2014

Hong Kong tycoon Li Ka-shing’s Hong Kong Electric Investments has raised HK$24.1 billion ($3.1 billion) from its IPO, after pricing the deal at the low end of guidance.

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