The
company,
which
also
operates
hydropower
and
coal-fired
plants,
started
taking
orders
from
institutional
investors
today.
It
plans
to
sell
1.5bn
shares
at
an
indicative
price
range
of
HK$1.60
($0.21)
to
HK$1.76
each,
according
to
a
term
sheet
seen
by
news
agencies.
Huadian
Fuxin
was
previously
aiming
to
raise
about
$950m
but
the
euro
zone
debt
crisis
and
the
poor
performance
of
other
Hong
Kong-listed
firms
appears
to
have
dampened
investor
appetite,
with
three
other
firms
scrapping
plans
for
Hong
Kong
IPOs
in
the
past
week
alone.
Huadian
Fuxin
is
85.8%
owned
by
China…
