qunxing-paper-launches-206-million-ipo

Qunxing Paper launches $206 million IPO

The specialty paper manufacturer differentiates itself with high-end products that should benefit from ChinaÆs home buying boom.
Qunxing Paper Holdings, a Chinese manufacturer of specialty paper products, launched the roadshow yesterday for its initial public offering in Hong Kong. The manufacturer aims to raise up to HK1.6 billion $206.2 million.

QunxingÆs main product is decorative base paper and according to China Paper Association, it ranked the largest manufacturer of this type of paper in China in terms of actual annual production capacity in both 2005 and 2006. Decorative base paper is an intermediate product commonly used as the decorative layer to furnish the surface of laminated board, which has wide applications in interior decoration of buildings, furniture, wooden floorboards and household wares, to mention but a few.

Since July 2006,...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222