Separate property listing could weigh on Swire Pacific's valuation
Analysts argue that Swire Pacific may see its NAV discount widen if it realises a plan to spin-off its wholly owned property unit.
November 05, 2009
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One of Swire’s HK projects
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New listings by pure Hong Kong companies are a rarity these days when virtually all IPOs on the Hong Kong stock exchange are by companies based either in China or some other country outside its borders. The reason, of course, is that most Hong Kong companies are already listed.
