Zhengzhou Coal launches Hong Kong IPO

In a busy week for IPOs in the city, the mining machinery company kicks off the bookbuilding for its offering of up to $350 million.
<div style="text-align: left;"> Zhengzhou Coal: Aiming to raise up to $350 million </div>
<div style="text-align: left;"> Zhengzhou Coal: Aiming to raise up to $350 million </div>
November 22, 2012

Zhengzhou Coal Mining Machinery started the international bookbuilding yesterday for its initial public offering of between HK$2.3 billion and HK$2.7 billion ($300 million to $350 million). The company is a leading maker of coal mining and excavating equipment and China’s biggest maker of hydraulic roof supports.

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