Yuanda kicks off bookbuilding for $537 million IPO

The Chinese company is the second-largest developer of curtain walls in the world and has completed more than 500 commercial and public building projects in the past three years.

Yuanda kicks off bookbuilding for $537 million IPO

On a day when all eyes were on the tightening credit conditions in China and the potential for more interest-rate hikes in the near-term, Yuanda China Holdings stepped forward and kicked off the institutional roadshow for an initial public offering of up to HK$4.17 billion $537 million.

As a developer of curtain walls, which refers to building facades that are non-load bearing and often made of glass, aluminium, granite or other cladding materials,...

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