China Tower set for flat Hong Kong debut after world's largest IPO in two years

China Tower Corp Ltd`s shares were poised to open flat on their debut in Hong Kong on Wednesday, as investors scrambled to obtain a piece of the world`s biggest initial public offering (IPO) in two years.

It priced its IPO last week at the bottom of an indicative range, raising $6.9 billion in the world`s biggest listing since Postal Savings Bank of China Co Ltd`s $7.63 billion Hong Kong float in 2016.

The shares were set to open flat at HK$1.26.

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