HKBN tests IPO market with dividend play

CVC could almost double the return on investment in the Hong Kong broadband operator with the flotation, which will test investor appetite for yield plays.

HKBN tests IPO market with dividend play

HKBN launches roadshows for Hong Kong's first big initial public offering of the year on Tuesday, hoping to capitalise on clear equity markets and dovish comments by the US Federal Reserve, which suggest yield plays still have room to run.  

Led by CVC Capital, the private equity owners of Hong Kong's second-largest broadband operator also look set to almost double the return on their 2012 investment as they reduce their combined interest in...

To continue reading, please login or register for free

Click for more on: hong kong | ipo | private equity | cvc | tmt | goldman sachs | jp morgan | ubs | clsa | hsbc

Print Edition

FinanceAsia Print Edition

CONFERENCES