SYDNEY, July 10 (Reuters) - Chinese owned Cirrus Aircraft has priced its shares at HK$27.50 ($3.52) each to raise $192 million in its Hong Kong initial public offering, according to a source with direct knowledge of the matter.

The source could not be named discussion non-public information. ($1 = 7.8116 Hong Kong dollars) (Reporting by Scott Murdoch in Sydney; Editing by Christian Schmollinger)