A ski slope at Club Med's new village in Yabuli in northeastern China’s Heilongjiang province as of March 21, 2012. The resort features 18 ski slopes - and winter temperatures often below minus 30 degrees Celsius (minus 22 Fahrenheit). Photo: AFP

Club Med’s owner Fosun Tourism prices Hong Kong IPO at bottom of price range amid market rout

  • Forum Tourism sold 214.2 million shares at HK$15.60, the bottom of a price range
  • The company’s shares will commence trading in Hong Kong on December 14
Topic |   IPO

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A ski slope at Club Med's new village in Yabuli in northeastern China’s Heilongjiang province as of March 21, 2012. The resort features 18 ski slopes - and winter temperatures often below minus 30 degrees Celsius (minus 22 Fahrenheit). Photo: AFP
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