China’s Hengda Real Estate plans $2 bln HK IPO -sources (Reuters via Yahoo! Singapore News)
China’s Hengda Real Estate plans $2 bln HK IPO -sources (Reuters via Yahoo! Singapore News)
HONG KONG, Nov 14 - Chinese property developer Hengda Real Estate Group aims to raise about US$2 billion in a Hong Kong initial public offering next year, sources familiar with the situation said on Wednesday, tapping voracious investor demand for access to the country’s surging real estate sector.