Home Credit cancels HK listing plans

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By Jonathan Breen
21 Nov 2019

Czech consumer finance company Home Credit has shelved its potential Hong Kong IPO citing poor market conditions. The deal had been slated to raise up to $1bn.

The issuer was initially planning to launch the deal in September, having begun pre-deal investor education earlier the same month, GlobalCapital Asia reported at the time.

The company has decided not to list after seeing how challenges impacting the global macroeconomic environment have affected other public offerings, ...

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