China Resources Mixc eyes HK$12bn listing

China_property_Adobe_24July
By Jonathan Breen
25 Nov 2020

China Resources Mixc Lifestyle Services, the property management business of state-owned developer China Resources Land, has opened the book for its Hong Kong listing.

The issuer is turning to investors to fund expansion. It is tapping the equity market for capital to finance strategic investments and acquisitions of other property managers, as well as value-added service providers.

The company is floating 550m shares at HK$18.60 to HK$22.30 ($2.40 to $2.88) each, meaning it ...

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