Chinese battery maker seeks $230 million from HK IPO

Leoch International Technology, a Chinese lead-acid battery manufacturer, is offering 333.33 million new shares at an indicative price of HK$3.75 to HK$5.35 each.

With less than two months left before the year-end break, companies of all sizes keep coming to market to make the most of the IPO frenzy that routinely takes place in Hong Kong towards the end of each year.

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