Glencore, Hillhouse Invest in Chinese Aluminum Smelter’s $700 Million IPO
Chinese aluminum smelter Chuangxin Industries Holdings Ltd. has started taking orders for its Hong Kong initial public offering, drawing in big investors including Swiss commodity giant Glencore Plc and asset...
By Dave Sebastian · Bloomberg Markets
Chinese aluminum smelter Chuangxin Industries Holdings Ltd. has started taking orders for its Hong Kong initial public offering, drawing in big investors including Swiss commodity giant Glencore Plc and asset managers Hillhouse Investment Management and Millennium Management LLC.