Chinese leasing company raises $658 million to drive lending

Despite an expensive valuation, Far East Horizon's offering attracts strong demand and bankers hope the deal will mark a turning point for Hong Kong’s quiet IPO market.
Far East provides equipment-based financial leasing to SMEs
Far East provides equipment-based financial leasing to SMEs
March 28, 2011

Shanghai-based Far East Horizon is set to be the very first Chinese leasing company to list in Hong Kong after raising HK$5.13 billion ($658 million) in a Hong Kong IPO last week.

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