Sinopec Engineering launches Hong Kong IPO of up to $2.2 billion

The unit of Sinopec Group and China Galaxy Securities kick-start the city’s muted IPO market. Sinopec Engineering’s deal would be the biggest in Hong Kong this year.
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A catalytic cracking plant in Hainan
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<div style="text-align: left;"> A catalytic cracking plant in Hainan </div>

Sinopec Engineering (Group) has started the management roadshow and bookbuilding for its Hong Kong initial public offering, aiming to raise between HK$13 billion and HK$17.4 billion ($1.7 billion to $2.2 billion).

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