Nongfu Spring kicks off $1bn Hong Kong IPO

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Nongfu Spring kicks off $1bn Hong Kong IPO

Jonathan Breen
August 25, 2020 08:45 AM
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FLORIN RUSU/Alpar - stock.adobe.com

Chinese bottled water and beverage company Nongfu Spring has opened books for its HK$8.35bn ($1.08bn) IPO of H-shares on the back of support from state funds in the Mainland and Singapore.

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CITIC SecuritiesEquity IPOsEquityChinaChina International Capital CorpCitiHong Kong SARAsiaGreater ChinaMorgan StanleyNortheast AsiaAsia PacificEmerging Markets
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Jonathan Breen
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