China’s top lithium producer Jiangxi Ganfeng Lithium Co., Ltd., a supplier to car makers like Tesla, Inc. and BMW Group, has priced its Hong Kong listing at the bottom of its targeted range, raising US$421 million. The company offered its shares at HK$16.50 (US$2.11) apiece, the lower end of the indicative range of between HK$16.50 (US$2.11) and HK$26.50 (US$3.38), said Reuters citing a source involved in the deal. The Shenzhen-listed company could raise up to US$448 million if a greenshoe …

China’s Ganfeng Lithium Prices HK Listing At Lower Range, To Raise $421M appeared first on China Money Network.