Koradior opens retail books ahead of HK IPO

The retail tranche opened for China's leading lingerie maker on Monday, with the institutional book already multiple times oversubscribed.

Steven Hsu, who was most recently at Paul Hastings, is set to join the global law firm in "the next few months".

Lingerie fabrics supplier Best Pacific International – whose customers include Victoria’s Secret and Marks & Spencer – wants to float in Hong Kong.

China’s biggest retailer of women’s footwear, Belle International, is set to go private after winning the approval of its shareholders.

Through the Hong Kong IPO of its sportswear division, China’s largest shoe retailer will show the world how much it has transformed its vast retail network with the power of digital technology.

The addition of Yoshiyuki Asaoka will help the firm capitalise on more inbound and outbound M&A opportunities.