China’s Hainan Drinda New Energy Technology is aiming to raise up to $234 million in a Hong Kong listing, according to regulatory filings on Monday.
The Shenzhen-listed firm is selling 64.4 million shares in a price range of HK$20.40 to HK$28.60 each, the filings showed.
In that range, Hainan Drinda, a photovoltaic cell developer and producer, will raise $167 million to $234 million.
Separately, tea drinks company Auntea Jenny launched its initial public offering in Hong Kong to raise up to $35 million, its filings showed.
Reuters
