The cleantech business must be worrying what the news of Haitong Securities pulling its USD1.7 billion Hong Kong initial public offering (IPO) on the grounds of poor market conditions, will do to their prospects.
Guodian Technology and Environment Group, a maker of wind equipment, will price its IPO on Wednesday, expecting to aim to raise about USD643 million. Later this week windfarm developer
Beijing Jingneng Clean Energy is expected to price its IPO at around USD300 million.
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