HONG KONG -(Dow Jones)- The institutional tranche of China Longyuan Power Group Corp.'s (0916.HK) initial public offering is eight to nine time oversubscribed, a person familiar with the situation said Wednesday.Singaporean sovereign-wealth fund Government of Singapore Investment Corp. and Hong Kong-listed Ping An Insurance (Group) Co. of China Ltd. (2318.HK) have agreed to subscribe to shares in Longyuan, the person said.
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