China Logistics raises $433m with feisty pricing
The Chinese warehouse and logistics parks operator adopts aggressive pricing on its IPO despite an underwhelming response from investors.
July 08, 2016
The Hong Kong initial public offering market has continued to stir back to life in the aftermath of the UK’s Brexit vote with the launch of a HK$2.6 billion to HK$3.4 billion ($340 million to $433 million) IPO for China Logistic Property Holdings (CNLP).
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