China Datang Corporation
Datang International Power Generation Company Ltd, or Datang Power, is one of the five largest state-owned power producers in China. It develops and operates power plants, sells electricity and thermal power and repairs and maintains power equipment. It is listed in Hong Kong and London.
China Datang to launch IPO roadshow
China Datang Corp Renewable Power, the wind power unit of China Datang Group, will kick off a marketing roadshow for its Hong Kong initial public offering tomorrow after it was delayed a week by poor market conditions. It plans to sell shares at HK$2.33 to HK$3.18 each to raise around US$730 million to US$1 billion. Its listing debut is expected to be on December 17.