October 4, 2018 / 10:53 AM / 15 days ago

China's Ganfeng Lithium prices HK listing at bottom of range - source

HONG KONG, Oct 4 (Reuters) - China's top lithium producer Ganfeng Lithium, a supplier to carmakers such as Tesla and BMW, has priced its Hong Kong listing at the bottom of its marketed range, raising $421 million, according to a source involved in the deal.

Ganfeng priced its offering at HK$16.50 ($2.11) per share, the bottom end of an indicative range of between HK$16.50 and HK$26.50, the source said.

$1 = 7.8381 Hong Kong dollars Reporting by Julia Fioretti; Editing by Himani Sarkar and Kirsten Donovan

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