Central China New Life pre-markets Hong Kong IPO

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By Jonathan Breen
27 Apr 2020

Property management company Central China New Life carried out accelerated pre-marketing for its Hong Kong IPO this week, said a source close to the deal.

The mainland-based issuer held video conference calls with investors during a three-day virtual pre-deal roadshow from Monday to Wednesday, said the source.

Sole sponsor BNP Paribas is leading a mixed syndicate of Chinese and international bookrunners for the IPO, which is expected to raise around $200m-$300m, GlobalCapital Asia ...

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