Sources indicate that China’s Dida has set the price for its Hong Kong IPO shares at HK$6.

China’s ride-sharing app operator Dida has set the price of its shares at HK$6 each, aiming to raise US$30 million in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter on Wednesday. The sources requested anonymity to discuss confidential information. According to a regulatory filing, the Beijing-based company sold 39.1 million shares in the IPO. The final price fell in the middle of the HK$5 to HK$7 price range established when the deal launched last week.