Others News
- Beijing developer eyes US$300m HK IPO
Date: 8-May-2007 Sources: (Shenzhen Daily)
PROPERTY developer Beijing Glory Real Estate Development aimed to raise about US$300 million in a Hong Kong initial public offering (IPO) by the end of this year, the South China Morning Post reported Friday, citing local sources.
Beijing Glory, a unit of mainland real estate investment firm China Glory Investment Group, is one of several Chinese property developers planning a Hong Kong listing this year, the newspaper said, without giving no further listing details.
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