Optics Valley Union prices $107m IPO at the bottom

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Optics Valley Union prices $107m IPO at the bottom

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residential buidlings in China with a river running through | Gang - Fotolia

Chinese property developer Optics Valley Union Holding Company raised HK$830m ($107m) on March 21, relying heavily on orders from Chinese investors to execute an IPO belonging to one of the most out of favour sectors in Hong Kong at the moment.

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