Steel manufacturer Xiwang Special Steel Company Limited (HKG:1266) plans to offer 500 million shares (including 400 million new shares) for its initial public offering, comprising 450 million shares for international placing and 50 million shares for Hong Kong public offer, at HK$2.65-3.36 per share, or HK$1.325-1.680 billion in total, according to a preliminary IPO document.

The "entry fee" for the IPO of the stock, which will have a board lot size of 1,000 shares, will be HK$3,393.88.

The stock will be on offer from Februaury 13 to 16, priced on February 17 and listed on February 23.