listing-candidate-banks-on-prime-property-locations

Listing candidate banks on prime property locations

China Properties Group, a spin-off from previously privatised Pacific Concord, seeks up to $271 million from Hong Kong IPO.
China Properties Group yesterday kicked off a roadshow that will make it the latest among a string of Mainland property developers to list in Hong Kong over the past 18 months.

The management will argue, however, that the strategic location of its residential and commercial projects sets it apart from the competition. This includes a prime stretch of land along ShanghaiÆs Nanjing West Road û one of the busiest and most well-known shopping streets in the city û where it is planning to develop a high-quality integrated residential and commercial project with a gross floor area of 409,000 square metres under the name of Concord City.

According to investors who attended the management presentation in...
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