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Sources said that the XTEP international IPO will sell 700 million new shares, accounting for 25% of the company's expanded share capital, the issue guidance price range of 4.05 to 5.50 Hong Kong dollars per share. international Limited by Share Ltd (Xtep International Holdings Ltd., XTEP International) hope that through the June IPO in Hongkong before listing (IPO) to raise up to $494 million, sources said Friday. Sources said that the XTEP international IPO will sell 700 million new shares, accounting for 25% of the company's expanded share capital, the issue guidance price range of 4.05 to 5.50 Hong Kong dollars per share. Sources said the cumulative bidding began Friday and ended in May 27th. Its shares are scheduled to be traded on the Hongkong stock exchange in June 3rd. UBS AG, UBS, is the IPO's bookkeeping firm, according to sources. XTEP international is a manufacturer and retailer of sportswear in mainland china. (editor in chief: admin)