Article: MAINLAND HOUSE DEVELOPERS FRENZIED ABOUT HK IPO


AsiaInfo Services
09-30-2009
Mainland House Developers Frenzied about HK IPO

HONGKONG, Sep 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- Evergrande Real Estate Group Limited and four other real estate developers in China's Mainland are waiting for the announcement of Hong Kong Exchanges & Clearing Ltd. as to whether they are approved to get listed in Hong Kong.

In addition to Guangzhou-based Evergrande, the other four are Xiamen-based Mingfa Group, Shenzhen-based Fantasia Holdings Group Co., Shenzhen-based Excellence Group and Xiamen-based Yuzhou Group.

Reports said that Evergrande expects to collect about HKD 7.8 billion to HKD 11.7 billion from the H-share initial public ...

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