Crystal Group ends homegrown HK IPO drought

The 47-year-old garment maker will become the first local company to list on the Hong Kong stock exchange in more than 19 months.

Hong Kong-based apparel manufacturer, Crystal International Group, stands poised to end to a long dry spell of initial public offerings by homegrown companies, as it finalises details for a stock market flotation that could raise between HK$3.7 billion and HK$4.5 billion ($476 million to $574 million).

¬ Haymarket Media Limited. All rights reserved.

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