Future Land raises $265 million from Hong Kong IPO

The price is fixed at the bottom of the range, valuing the Chinese property developer at a 73% discount to NAV.
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Shanghai: Future Land is a leading property developer in the Yangtze River Delta
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<div style="text-align: left;"> Shanghai: Future Land is a leading property developer in the Yangtze River Delta </div>

Future Land Development, a Chinese property developer, has raised HK$2.06 billion ($265 million) from its Hong Kong initial public offering after fixing the price at the bottom of the range.

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