Uniqlo parent set for HK secondary listing in March

Uniqlo resized 2
By Rev Hui
14 Feb 2014

Fast Retailing, the operator of popular Japanese clothing chain Uniqlo, is poised to list its Hong Kong Depositary Receipts on March 5, according to an exchange filing.

No fundraising will be involved in the HDR issuance, but Fast Retailing’s deal is still pretty significant to the Hong Kong equities market as this would be the first big-name non-Chinese entity to list on the city’s bourse since Italian fashion icon Prada’s $2.5bn IPO in June 2011.

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