Zhongwang seeks to raise $1.6 bln

Zhongwang seeks to raise $1.6 bln

Bloomberg
China’s biggest maker of extruded aluminum products by capacity is offering 1.4 billion new shares in Hong Kong at HK$6.80 to HK$8.80 each, said the e-mailed document. China Zhongwang processes the metal into various shapes and formats for industrial and construction use.