Deals
Huarong Said to Raise $2.3 Billion in IPO Priced Near Bottom End
- Bad-loan manager to sell shares at HK$3.09 each in IPO
- Huarong completing city's biggest listing since stock rout
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China Huarong Asset Management Co., the nation’s biggest bad-loan manager, raised $2.3 billion after pricing its Hong Kong initial public offering near the bottom end of a marketed range, people with knowledge of the matter said.