Chow Tai Fook Jewellery Group, the world’s largest jewellery retailer, has priced its Hong Kong initial public offering at HK$15 per share, at the bottom of an indicative range, two sources with direct knowledge of the deal told Reuters on Friday.

The Hong Kong-based company offered 1.05 billion new shares, putting the total deal at HK$15.73 billion ($2.02 billion). The initial public offering was marketed with an indicative range of HK$15-HK$21 per share.

via Chow Tai Fook Prices HK IPO at Bottom of Range – CNBC.