Shanghai La Chapelle stitches together IPO

One of China's largest mass-market brands fails to achieve the same level of mass-market appeal for its IPO.

Chinese mass-market apparel designer and manufacturer, Shanghai La Chapelle Fashion, has raised HK$1.69 billion ($219 million) after pricing its Hong Kong initial public offering at the bottom of its indicative range on Tuesday. 

¬ Haymarket Media Limited. All rights reserved.

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