China Resources Mixc eyes top pricing

China_property_Adobe_25July
By Jonathan Breen
02 Dec 2020

China Resources Mixc Lifestyle Services, the property management business of state-owned developer China Resources Land, is set to price its HK$12.3bn ($1.58bn) Hong Kong IPO at the top end of guidance.

Sponsors CCB International, CICC, Citi and Goldman Sachs sealed the orderbook on Tuesday, following a week of bookbuilding that saw close to 300 investors pile in with around $18bn of demand, said a source close to the deal.

The property manager is listing 550m shares on the HKEX ...

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