Yuanda kicks off bookbuilding for $537 million IPO

The Chinese company is the second-largest developer of curtain walls in the world and has completed more than 500 commercial and public building projects in the past three years.

<div class="ArticleImageCaption" style="text-align: left;"> The National Stadium of China, commonly known as the Bird’s Nest, is one of Yuanda’s many projects (AFP)</div>

Anette Jönsson

April 19, 2011

On a day when all eyes were on the tightening credit conditions in China and the potential for more interest-rate hikes in the near-term, Yuanda China Holdings stepped forward and kicked off the institutional roadshow for an initial public offering of up to HK$4.17 billion ($537 million).

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