Sunshine Oilsands prices $579 mln Hong Kong IPO at bottom – The Guardian

HONG KONG, Feb 24 (Reuters) – Oil explorer Sunshine Oilsands Ltd has priced its $579 million Hong Kong IPO at the bottom of an indicative range, in the latest sign that investors are not ready to buy into the mountain of new listings piling up in the Asian financial hub. The Calgary-based company is …