Shimao, KWG premarket Hong Kong IPOs

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By Jonathan Breen
12 Oct 2020

Chinese property managers Shimao Services Holdings and KWG Living Group Holdings have kicked off pre-deal investor education for a pair of Hong Kong listings.

Shimao is being spun-off by Hong Kong-listed Shimao Group, one of China’s 10 largest real estate developers. The issuer uploaded a post-hearing information pack at the end of last week and is working with joint sponsors CICC and Morgan Stanley to premarket its IPO.

Shimao has developed a ...

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