PCD Stores Group on fast track for HK$3bn IPO

Department store operator PCD Stores Group started a roadshow for a HK$3bn ($390m) IPO on Tuesday, adding to a year-end rush of Hong Kong new listings.

  • 03 Dec 2009
"Feedback has so far been good," said a Hong Kong syndicate banker working on the float. "Investors are favourably disposed towards the high-end consumer story in China. They can only play the sector in limited ways and PCD should fit in well to a theme they are looking ...

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