Sino Ocean Real Estate readies $1.3 bln HK IPO (Reuters via Yahoo! Asia News)
Sino Ocean Real Estate readies $1.3 bln HK IPO (Reuters via Yahoo! Asia News)
HONG KONG, Aug 31 (Reuters) - Sino Ocean Real Estate Development, partly owned by China’s largest shipping firm, COSCO International , has won approval from the Hong Kong Stock Exchange for an initial public offering worth up to US$1.3 billion, sources familiar with the deal said on Friday.