Zhenro Services, Greentown Management seal HK offerings

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By Jonathan Breen
07 Jul 2020

Zhenro Services Group, a Chinese property manager, has pulled off a HK$1.14bn ($146.8m) IPO, pricing the deal close to the top of the marketed range, according to a source close to the trade.

The company, an arm of Mainland-based conglomerate Zhenro Group, launched its IPO roadshow on June 29, joining an array of other Hong Kong issuers in one of the busiest weeks for the city’s IPO market in years.

Zhenro is listing 250m shares on the Hong Kong ...

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