Redsun Services readies $100m Hong Kong IPO

China Property (resized 230)
By Jonathan Breen
24 Mar 2020

Chinese property management company Redsun Services Group is planning a Hong Kong listing that could raise up to $100m, according to a source familiar with the matter.

The issuer filed a draft IPO prospectus with the Hong Kong Stock Exchange on Monday. It has appointed ABC International as sole sponsor for the deal.

Chinese property managers were hot tickets in the special administrative region last year. Powerlong Commercial Management Holdings, Poly Property Development and Times ...

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