RKE International IPO yields Xiongan play

Hong Kong listed Road King splits off its Chinese toll roads into a new vehicle, hoping to ride sentiment towards the government's major infrastructure initiatives, such as Belt and Road.
The emerging new metropolis of Xiongan
The emerging new metropolis of Xiongan

Road King Infrastructure launched an initial public offering for its Chinese toll road assets on Thursday in the hope of unlocking value and maximizing investor interest in a number of China’s landmark infrastructure initiatives.

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