Chinese property services firm Onewo Space-Tech launches $783m Hong Kong IPO

Chinese property services firm Onewo Space-Tech launches $783m Hong Kong IPO

REUTERS/Bobby Yip

Chinese property services firm Onewo SpaceTech Service has launched Hong Kong’s largest initial public offering (IPO) of 2022 as it aims to raise up to HK$6.15 billion ($783.54 million), regulatory filings showed.

The company, a division of developer China Vanke Co Ltd, has set a price range of HK$47.1 to $HK52.7 a piece for the sale of 116.74 million shares.

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