China Huarong IPO seeks $2.8b; boost seen from Cinda share surge

China Huarong IPO seeks $2.8b; boost seen from Cinda share surge

Visual from China Huarong Asset Management website

China Huarong Asset Management Co Ltd’s initial public offering will seek to raise up $2.8 billion, its indicative price range shows, marking the biggest Hong Kong listing in 10 months as investors venture back into equities after a market slump this year.

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