29.09.2009 - Glorious raises $1.28 bln from IPO in Hong Kong
From WSJ: Glorious Property Holdings Ltd. raised US$1.28 billion from its Hong Kong initial public offering, after pricing near the low end of an indicative price range, two people familiar with the situation said Friday. The Shanghai-based developer's IPO, the first by a Chinese real-estate company in more than 15 months, was priced at the low end amid signs that the frenzy surrounding new listings is beginning to ebb, and comes as investors digest a spate of Chinese listings in the market....................Full Article(Subscription Required): Source
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