AAG Energy gauges investor appetite for Hong Kong IPO

The Chinese natural gas producer starts investor education for its offering of up to $200 million as a wave of year-end IPO activity in the city continues.
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AAG Energy is exploring colabed methane projects in China
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<div style="text-align: left;"> AAG Energy is exploring colabed methane projects in China </div>

Bankers yesterday started investor education for the Hong Kong initial public offering of AAG Energy, a Chinese natural gas producer.

The company is expected to raise between $160 million and $200 million. The management roadshow is expected to start on December 5, and the listing is slated for December 20, according to a term sheet.

It has been a relatively busy couple of weeks for the Hong Kong IPO market as the year-end approaches. This week, PICC Group is set to price its high-profile H-share IPO of between $3 billion to $3.6 billion, which looks to be the biggest in the city this year.

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