PetroChina announced today that it has set the price range for its Shanghai IPO at between RMB 15 ($2.00) and RMB 16.7 ($2.23) per A-share.
During price consultations held from Oct. 22 to Oct. 24, 175 institutions quoted PetroChina's A-share IPO price at between RMB 12.50 ($1.67) and RMB 25.20 ($3.36), according to the announcement, Interfax reported.
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PetroChina Set IPO Price Range
PetroChina announced today that it has set the price range for its Shanghai IPO