Hilong returns with downsized IPO

Conditions have improved since the Chinese oilfield-equipment maker called off its deal last month, but it has returned to market with a reduced target amount.
Hilong's drilling pipes
Hilong's drilling pipes
April 12, 2011

Hilong Holding, a Chinese oilfield-equipment maker that cancelled its planned $190 million IPO last month, has returned to the market with a downsized deal.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media