China East Education opens $681m Hong Kong listing
China East Education Holdings has launched bookbuilding for its potential HK$5.3bn ($681m) IPO.
The mainland-based company is offering 435.8m shares at HK$9.80-HK$12.26 each, eyeing proceeds of HK$4.3bn-HK$5.3bn.
Leading the deal is sole sponsor BNP Paribas, alongside joint global co-ordinators CICC and Haitong International. ABC International, CMB International and Guotai Junan International are joint bookrunners and lead managers.Investors have until June ...