China Energy's $2b HK IPO may not air until 2016

Another Chinese state-owned enterprise is targeting a Hong Kong listing as the government moves to introduce private capital to enhance efficiency.

China Energy's $2b HK IPO may not air until 2016

China Energy Engineering has taken the first step to launching an initial public offering in Hong Kong, having filed a listing application last week, but shaky markets might make it difficult for the deal to go through any time soon.

A source familiar with the company said the power construction giant is targeting as much as $2 billion from the IPO but that a listing towards the very end of the year or in the...

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