Chinese property developer's IPO in Hong Kong

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Real estate developer in Henan tries out Hong Kong market

Central China Real Estate has listed its HK$1.38 billion IPO in Hong Kong and Rule 144A/Regulation S global offering, consisting of an aggregate of 500 million offer shares priced at HK$2.75.

Incorporated in the Cayman Islands, Central China Real Estate is a residential property development company in Henan Province in the PRC. The company is also minority-owned by Singapore's CapitaLand.

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