HONG KONG Shares in China’s Horizon Construction Development Ltd lost about a third of their value in their Hong Kong debut on Thursday, suggesting the Asian…
SYDNEY : Shanghai-based Horizon Construction Development Ltd plans to price its IPO shares at the bottom of their marketed range, according to two sources with direct knowledge of the matter.The provider of construction services will raise HK$1.65 billion ($210.2 million), pricing the offering at HK$4.52