HONG KONG: China Water Environment Group Ltd, backed by the nation’s state-owned investment holding company, is considering an initial public offering (IPO) in Hong Kong that could raise more than US$500mil, according to people familiar with the matter.
The water treatment company is working with advisers on a listing that could take place as soon as in the second half of this year, said the people, declining to be identified as the information is not public.
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