Listing candidate banks on prime property locations

China Properties Group, a spin-off from previously privatised Pacific Concord, seeks up to $271 million from Hong Kong IPO.

China Properties Group yesterday kicked off a roadshow that will make it the latest among a string of Mainland property developers to list in Hong Kong over the past 18 months.

The management will argue, however, that the strategic location of its residential and commercial projects sets it apart from the competition. This includes a prime stretch of land along ShanghaiÆs Nanjing West Road û one of the busiest and most well-known shopping streets in the city û where it...

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