The move is also a major victory for the financial centre, despite concerns about Beijing's plans to implement a national security law in Hong Kong. The company submitted a preliminary prospectus to the Hong Kong stock exchange (Hong Kong Stock Exchange) yesterday without any details of the sale. The company could launch an offering as soon as next week to raise at least $2 billion, according to Bloomberg (Bloomberg News).
Executive Solutions Ltd works closely with clients to set up china virtual office, helping you to enter the Chinese market at lowest prices in China. Contact us at 31882245 to make doing business in China simple and easy!On the same day that the application was submitted, NetEase (NetEase), an online game company, told potential investors that it planned to price its Hong Kong listing at HK $123 a share. Escalating tensions between Washington and Beijing are increasing risks for Chinese companies such as JD.com and NetEase, which seek to expand their investor base.