Pou Sheng, Central China fall in HK IPO debuts

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HONG KONG, June 6 (Reuters) - Shares in Chinese sportswear retailer Pou Sheng International (Holdings) Ltd (3813.HK: Quote, Profile, Research) were set to open down 13.4 percent in their market debut on Friday after it raised $322 million in a Hong Kong initial public offering.

Shares in Chinese property developer Central China Real Estate Ltd (0832.HK: Quote, Profile, Research) were set to open 4 percent lower after it raised $176 million in a Hong Kong IPO.

Shares in Pou Sheng, a spin-off from the world's top sports shoe maker Yue Yuen Industrial (Holdings) Ltd (0551.HK: Quote, Profile, Research), were indicated at HK$2.64 in pre-market trade, compared with an IPO price of HK$3.05 per share, which was near the bottom of its indicated range.

Shares in Central China, a Henan province-based residential property group, were also indicated at HK$2.64 in pre-market trade, compared with an IPO price of HK$2.75 per share, which was at the bottom of its indicated range.

Central China's deal is sponsored by Morgan Stanley (MS.N: Quote, Profile, Research) which also handled Pou Sheng's deal together with Merrill Lynch MER.N.

(US$1=HK$7.8)

(Reporting by Kennix Chim; Editing by Anne Marie Roantree)