Hong Kong-listed companies to spin off existing businesses

Brilliance China is seeking a separate listing of its engine unit, while Hopewell says it plans to spin off its Hong Kong property business.
<div style="text-align: left;"> Activity picking up on Hong Kong's stock exchange </div>
<div style="text-align: left;"> Activity picking up on Hong Kong's stock exchange </div>
February 14, 2013

Brilliance China Automotive Holdings is aiming to spin off its engine-manufacturing unit, in which it owns 42.5%, for a separate Hong Kong listing. According to a source, the deal may raise about $100 million and bankers are planning to start investor education on Monday.

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