China's megacity dream spurs Hebei Construction IPO

Privately-held construction firm seeks public capital as China speeds up development of the Beijing-Tianjin-Hebei region, including plans for a vast new city in rural Xiongan.
Rapid development in Xiongan, the future mega city that will integrate some of Beijing's non-core functions
Rapid development in Xiongan, the future mega city that will integrate some of Beijing's non-core functions

Hebei Construction Group on Monday launched a Hong Kong initial public offering, becoming the first company to tap investor interest in China’s ambitious Xiongan special zone plan.

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