Ming Yuan Cloud Group, a software solutions provider for property developers, plans to raise as much as US$797 million from an IPO in Hong Kong, becoming the first proptech firm to debut on the city’s exchange this year.The Shenzhen-headquartered company’s initial public offering is among a spate of applications that have been passed by the Hong Kong stock exchange’s listing committee last week, which could make September one of the busiest months for IPOs this year.Some of the other offerings…



READ SOURCE

READ  Judges can now hold hearings in Beijing’s tiny ‘virtual court cabins’

LEAVE A REPLY

Please enter your comment!
Please enter your name here