Chinese IPO

China Flooring raises $142 million in Hong Kong IPO

China Flooring prices $142 million IPO at the bottom of its indicated range as investors take an opportunity to buy into China's consumer sector.
<div style="text-align: left;"> Visitors look at wood floor boards during a fair in Beijing in March (AFP) </div>
<div style="text-align: left;"> Visitors look at wood floor boards during a fair in Beijing in March (AFP) </div>
May 23, 2011

China Flooring Holdings, a leading wood flooring company on the mainland, raised HK$1.1 billion ($142 million) on Friday after pricing its shares at the bottom of an indicated range.

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