China Lilang launches $155 million IPO

The firm is aiming to become the first Chinese menswear company to be listed in Hong Kong.

Menswear company China Lilang yesterday launched an IPO that could raise as much as $155 million and puts it on course to become the first Chinese menswear company to list in Hong Kong.

The deal consists of 300 million primary shares, representing 25% of the company. The indicative price range has been set at between HK$3.20 and HK$4.00 a share, resulting in a deal size between HK$960 million and HK$1.2 billion $124 million to $155 million...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...