China Huarong kicks off Hong Kong IPO

The country’s largest bad-debt manager could raise $2.5 billion to $3 billion as part of China's efforts to attract more private capital to its state-owned enterprises.
Chairman Lai Xiaomin
Chairman Lai Xiaomin

China Huarong Asset Management has kicked off a Hong Kong initial public offering that could raise $2.5 billion to $3 billion, according to two sources familiar with the situation.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media