China Harmony Auto launches Hong Kong IPO

The luxury auto dealer seeks to raise up to $315 million from the offering, while two more companies start investor education to test the appetite for new Hong Kong listings.
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China Harmony sells high-end cars such as Ferraris, mostly in Henan province
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<div style="text-align: left;"> China Harmony sells high-end cars such as Ferraris, mostly in Henan province </div>

China Harmony Auto, a car dealership group that focuses exclusively on luxury vehicles in China, yesterday started the bookbuilding for its Hong Kong initial public offering with the aim of raising between HK$1.67 billion and HK$2.44 billion ($215 million to $315 million).

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