Four mainland property developers plan IPOs
Yanlord launches roadshow for Singapore listing, but delays setting a price range in the hope market will stabilise.
There has been a significant correction in global stock markets and China has just flagged another round of measures to prevent its property market from overheating. However, that has not stopped four mainland property developers from readying to tap the IPO market. Collectively they are looking to raise up to $2.4 billion over the next month or so.
First out of the gates will be Yanlord Land Group, which launched a formal roadshow yesterday for a Singapore IPO that aims...
To continue reading, please login or register for free