Trip.com Group, the Chinese online travel giant returning to Hong Kong for a dual IPO, will price its shares on the evening of April 13, Beijing time.

The company had not yet decided its share price as of this noon but has confirmed that it will price this tonight at no less than HK$268 per share.

Some institutional investors say the pricing range is not attractive. Han Tao, head of the IPO center at Hong Kong-based uSMART Securities Limited, said its IPO team is overconfident.

Mr. Han said even if the price sets at HK$268 per share, it is still too high, especially in current unstable market conditions.