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Real Estate Briefing - Categorized | Developers, IPOs/Stock Market more

Authorities pin hopes on Renhe listing

Posted on 13 October 2008

From FT: The planned $540m listing of a Chinese property developer, the sole Hong Kong initial public offering currently under way, may proceed in spite of last week’s stock market plunge, according to people familiar with the company’s plans.

A successful Renhe listing would provide some rare cheer for listing authorities in Hong Kong, which has experienced a drastic fall in the amount of funds raised compared with last year….. Full Article: Source


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