News Snapshot:
Property management company China Resources Mixc Lifestyle Services Ltd. has raised $1.58 billion after pricing its Hong Kong initial public offering at HK$22.30 per share, the top of a marketed range, according to people familiar with the matter. The services arm of developer China Resources Land Ltd. sold 550 million new shares in the IPO, the people said, asking not to be identified as the information isn’t public. An external representative for the company declined to comment. China Resources Mixc had set a price range of HK$18.60 to HK$22.30 per share for the IPO and brought in seven cornerstone investors...
