According to the Hong Kong Apple Daily Monday reported that China Metallurgical Group Science and Industry in October this year in both Hong Kong and Shanghai listing, raised 20 billion Hong Kong dollars, or raised in Hong Kong this year, the largest IPO.

The report quoted sources close to the transaction means that China Metallurgical Group H shares has been submitted to HKEx's listing application is expected to raise funds in Hong Kong, 1.3 billion U.S. dollars, which is equivalent to 10.1 billion Hong Kong dollar. Reports and refers to the company's A shares H shares will therefore listed a few days earlier.

Morgan Stanley China Metallurgical is responsible for issuing H-shares, and CITIC Securities will be responsible for part of A shares issued. Reports did not provide further details of the listing.

China Metallurgical Group for the Hong Kong-listed CITIC Pacific steel mine project in Australia's joint venture partner. The company's business involving natural resources, scientific research and industrial projects, as well as a number of Chinese and overseas steel main contractors.