China: HNA tech outsourcing arm is said to seek pre-IPO fundraising pitches

China: HNA tech outsourcing arm is said to seek pre-IPO fundraising pitches

A pedestrian walks past the HNAGroup Co. building in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg

HNA Group Co.’s technology outsourcing arm has asked banks to pitch for a role arranging a fundraising of about $300 million before a  planned initial public offering, people with knowledge of the matter said.

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