Datang kicks off $198m Hong Kong listing

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By Jonathan Breen
27 Nov 2020

Chinese property developer Datang Group Holdings has set its IPO in motion, opening the book for an offer that could fetch up to HK$1.5bn ($197.9m).

ICBC International is running the deal as sole listing sponsor, at the head of a 16-strong syndicate. The team are fielding orders for 333.4m shares and have the option to use a greenshoe of an extra 50m shares.

Datang is offering the stock at a range of HK$3.60 ...

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