Suzhou Dongshan Precision Manufacturing (HKG:2384, SHE:002384) set the offer price for its Hong Kong initial public offering at HK$86.80 per share, below the maximum target of HK$93.80, according to a Hong Kong bourse filing on Sunday.
The China-based precision manufacturing company will announce the subscription levels and allocation results on Tuesday, Oct. 27.
Trading in the H shares is expected to begin on Wednesday, Oct. 28.
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