China mall developer plans $1bln Hong Kong IPO - Reuters
SZITIC Commercial Property Co, which sold a stake in two of its malls to US private equity firm Carlyle Group in May, is planning an up to $1 billion Hong Kong IPO as soon as the fourth quarter of 2013, the Wall Street Journal reported on Tuesday, writes Reuters. The Shenzhen-based shopping mall developer hired JPMorgan and China International Capital Corp to handle the initial public offering, writes Reuters.
10 September 2013•1 min read
