Chinese property companies are making a beeline for Hong Kong to raise capital, as one of the world’s best-performing stock markets offers an attractive alternative to the funding squeeze back on the mainland.
Agile Group Holdings, a developer based in Zhongshan city in Guangdong province, will launch an initial public offer this week in Hong Kong for its property management unit A-Living Services, aiming to raise between HK$3.6 billion and HK$4.7 billion (US$600 million).
CIFI Holdings,…
Source : South China Morning Post
Read more…Chinese property firms make a beeline to raise capital in Hong Kong amid mainland freeze















