china-high-speed-kicks-off-hong-kong-ipo

China High Speed kicks off Hong Kong IPO

The manufacturer of wind turbine gearboxes comes to market amid expectations of strong growth in China's wind power sector.
Chinese solar power stocks have suffered recently amid concerns about shrinking margins and as the sector has had to absorb a flurry of new issuance, so this could well be the perfect time to bring a different kind of alternative energy stock to market. China High Speed Transmission CHST for one, must be hoping that this is how the wind blows.

The Mainland manufacturer of gearboxes for wind turbines is kicking off a roadshow today for an initial public offering that could raise up to HK$2.12 billion $272 million. The Morgan Stanley-led offering comes at a time when wind power is becoming a real alternative in China and is expected to see almost...
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