La Chapelle kicks off roadshow ahead of HK IPO

The Chinese retailer aims to raise up to $328 million in a flotation of its shares. The IPO comes as sentiment on Chinese consumers sours amid staggering growth.

La Chapelle kicks off roadshow ahead of HK IPO
An online ad for La Chappelle's mid-range fashion

La Chapelle Fashion has kicked off a roadshow ahead of its Hong Kong initial public offering, which could net the Shanghai-based retailer up to $328 million.

There will be 121.6 million shares on offer, representing 25% of enlarged share capital, with the issuer looking to price the shares between HK$13.98 to HK$18.20 per unit. All of the shares will be primary. A greenshoe option will add on an additional 15% to the base...

To continue reading, please login or register for free

Click for more on: ipo | consumer | cicc | clsa | hong kong

Print Edition

FinanceAsia Print Edition

CONFERENCES