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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong10/1/2010 7:48:10 AM
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China Ming Yang Wind Power prices IPO

NEW YORK (MarketWatch) -- China Ming Yang Wind Power Group Ltd. (NYSE:MY) on Friday priced its initial public offering at $14 per American depositary share. The company priced its IPO at the bottom of the estimated range of $14-$16 a share. With 25 million shares in the deal, the China-based maker of wind turbines raised $350 million with underwriters Morgan Stanley (NYSE:MS) and Credit Suisse (NYSE:CS) .

marketwatch.com
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