Zhenro Services, Greentown seal HK listings

Property managers Zhenro Services Group and Greentown Management, along with developer Ganglong China, all priced IPOs this week, albeit with different responses from the market.
Zhenro Services, 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.
It sold 250m shares, which are set to begin trading on the HKEX ...Already a subscriber? Login