Chinese Firms Show Confidence in HK IPO Market

Showing confidence in the market for initial public offerings in Hong Kong despite volatility, several Chinese firms have started roadshows to raise more than half a billion dollars from investors, says a Dow Jones Newswires story published by the Wall Street Journal.


Citing term sheets, Dow Jones says China Liansu Group Holdings Ltd. seeks to raise up to  $336.6 million, and World Wide Touch Technology (Holdings) Ltd. looks to raise up to $189 million. The two companies join Xinjiang Goldwind Science & Technology Co., which began its roadshow last week for an offering of up to $1.2 billion.



Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern