China Tourism seeks $2.16b in Hong Kong's biggest listing so far in 2022

China Tourism seeks $2.16b in Hong Kong's biggest listing so far in 2022

REUTERS/Bobby Yip

China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest share sale in the city so far in 2022.

Shanghai-listed China Tourism is planning to sell 102.76 million shares priced between HK$143.50 and HK$165.50 ($18.30 and $21.10) each, the term sheet said.

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