China Merchants Reit nets $328m from HK IPO

Jonathan Breen

December 06, 2019 03:15 am

construction 230-150x — A new building is being constructed with use of tower crane | ILKER CELIK/ilkercelik - Fotolia

China Merchants Commercial Real Estate Investment Trust has raised HK$2.6bn ($327.6m) from its IPO, breaking a six-year drought of Reit listings in Hong Kong.

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Topics

Equity IPOs China Merchants Securities Co Equity China Citi Hong Kong SAR Asia Greater China Northeast Asia Asia Pacific Emerging Markets DBS

JB

Jonathan Breen

Equities editor GlobalCapital Asia