China Fordoo prices HK IPO at midpoint

Menswear company China Fordoo priced its shares in the middle of its range in its HK IPO, with an attractive valuation and positive growth story key selling points.
Kwok Kin Sun, CEO and chairman of China Fordoo
Kwok Kin Sun, CEO and chairman of China Fordoo
July 10, 2014

Menswear firm China Fordoo Holdings raised $60.4 million on Thursday after selling 120 million shares above the midpoint in its Hong Kong initial public offering.

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