China Harmony Auto launches Hong Kong IPO

The luxury auto dealer seeks to raise up to $315 million from the offering, while two more companies start investor education to test the appetite for new Hong Kong listings.
<div style="text-align: left;">
China Harmony sells high-end cars such as Ferraris, mostly in Henan province
</div>
<div style="text-align: left;"> China Harmony sells high-end cars such as Ferraris, mostly in Henan province </div>

China Harmony Auto, a car dealership group that focuses exclusively on luxury vehicles in China, yesterday started the bookbuilding for its Hong Kong initial public offering with the aim of raising between HK$1.67 billion and HK$2.44 billion ($215 million to $315 million).

¬ 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