China’s Q&K rental platform eyes $100m US IPO

property px230
By Jonathan Breen
09 Oct 2019

Q&K International Group has filed for a Nasdaq IPO of American Depository Shares (ADS) with an aim to raise up to $100m.

The company operates QK365.com, a long-term rental platform for apartments in China, targeting young urban residents, offering branded ready-to-move-in properties, according to its prospectus, filed with the US Securities and Exchange Commission.

Q&K's filing comes at an awkward time for Chinese companies in the US, following news

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial