Hong Kong IPOs get boost as Sino Land, New World tycoons back SF Holding’s listing

Quick Summary:

Hong Kong billionaires are cornerstone investors in SF Holding’s US$793 million IPO, the first time tycoons have backed a listing in the city since 2022.

SF – known as the FedEx of China – could rank as the city’s second-largest offering this year if it prices at the top end of the marketed range.

Sino Group chairman Robert Ng is one of the cornerstone investors in SF Holding’s IPO.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: Hong KongChina

Topics: Chairman Offering Robert Hong Cornerstone Years Sino Investors Kong Property Tycoons

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 15:47:07 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 307 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23776942

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