Finally, a Hong Kong IPO on the horizon

Underground shopping mall operator Renhe takes on the challenge of becoming the first company to attempt a Hong Kong IPO after the summer.

Renhe Commercial Holdings yesterday kicked off pre-marketing for an initial public offering that sources say will now likely be in the range of $600 million to $800 million. If successful, the Chinese operator and developer of underground shopping centres will be the first company to list in Hong Kong in more than a month and the outcome of the offering is seen as crucial for whether the long list of IPO candidates in the pipeline will be able to launch...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: ipo | commercial property | malls | boci | hsbc | morgan stanley | ubs

Print Edition

FinanceAsia Print Edition