CDB Leasing Said to Price $799 Million IPO Near Bottom End

China Development Bank Financial Leasing Co. raised $799 million after pricing its Hong Kong initial public offering near the low end of a marketed range, according to people familiar with the matter.

The Shenzhen-based lessor sold 3.1 billion shares at HK$2 apiece, the people said, asking not to be identified as the information is private. The shares were offered at HK$1.90 to HK$2.45 each, the deal prospectus shows.