KKR's Rundong Auto to raise up to $300 mln in Hong Kong listing - Reuters
China's Rundong Automobile Group, backed by private equity firm KKR, plans to raise up to $300 million through a Hong Kong listing in the first half of 2014, according to IFR, writes Reuters. The car dealership company in eastern China joins a number of mainland peers targeting Hong Kong listings to fund expansion after a pick-up in China's automobile demand in 2013.
10 February 2014•1 min read
