evergrande-goes-ahead-with-780-million-ipo

Evergrande goes ahead with $780 million IPO

Eighteen months after it was first in the market, one of China's largest property developers makes a second attempt to list in Hong Kong.

Daniel Inman

October 19, 2009

Evergrande Real Estate Group will today launch the roadshow for an initial public offering that could raise as much as HK$6.04 billion ($780 million). This is the second time that the residential property developer has tried to go public -- 18 months ago, the company pulled its roadshow due to insufficient demand. The company will be going up against a number of other property IPOs, including Shenzhen's Excellence Real Estate Group.

Sign In to Your Account To 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.