Evergrande, unit seek about US$2b in Hong Kong IPO Hong Kong


Source: chinadailyhk.com chinadailyhk.com

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Evergrande, unit seek about US$2b in Hong Kong IPO By Bloomberg Sunday, November 22, 2020, 18:57 By Bloomberg The corporate flag for Hong Kong Exchanges & Clearing Ltd (HKEX), right, and the Chinese flag, left, fly outside the Exchange Square complex in Hong Kong, China, on Monday, Sept 16, 2019. (PAUL YEUNG / BLOOMBERG) China Evergrande Group and its property management arm are seeking to raise as much as HK$15.8 billion (US$2.04 billion) in a Hong Kong Special Administrative Region initial public offering of the unit, Evergrande Property Services Group Ltd said Sunday. The sale of 1.62 billion shares comprises...