Chuanzhong Innovation Airlines will be listed in Hong Kong, which may be the largest IPO in Hong Kong so far this year.

Publicado: Mar 10, 2022 17:40
[Chuanzhong Innovation Airlines will list in Hong Kong or be the largest IPO in Hong Kong so far this year] according to foreign media reports, Sinovel plans to submit an (IPO) application in Hong Kong as early as this week, which may raise as much as US $1.5 billion, and is expected to become the largest IPO in Hong Kong so far this year. According to people familiar with the matter, Sinovel is working with Huatai Securities on the listing, and the share sale is likely to take place in the coming months. Negotiations are under way between the two sides, and details such as the size and timing of the IPO may change. Representatives of Sinotrans and Huatai Securities declined to comment.

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