Xinjiang Goldwind to Cut Hong Kong Initial Offering Size, Caijing Reports

Xinjiang Goldwind Science & Technology Co. will cut the amount it plans to raise in a revived initial public offering plan for Hong Kong, Caijing reported today, citing an unidentified person from the company.

Xinjiang Goldwind, which had planned to raise around 8 billion yuan in the offering, has hired Goldman Sachs Group Inc., JPMorgan Chase & Co., China International Capital Corp. and Citigroup Inc. as underwriters, the report said.

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