China Resources Mixc, Leading launch HK IPOs

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By Jonathan Breen
26 Nov 2020

China Resources Mixc Lifestyle Services, the property management business of state-owned developer China Resources Land, kicked off bookbuilding for its Hong Kong listing this week, followed quickly by mainland-based developer Leading Holding Group.

China Resources Mixc 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.

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

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