Reported about 21 hours ago
Unisplendour Corp, a Chinese cloud-computing and IT infrastructure company, is gearing up for a potential second listing in Hong Kong, aiming to raise around $1 billion this year. The company, currently listed in Shenzhen, has seen a significant increase in its share value and is in discussions with banks for the listing. While details on the timing and size of the offering are still being ironed out, the move reflects a growing trend of mainland companies seeking to sell shares in Hong Kong.
Source: YAHOO