Home Credit to test Hong Kong IPO market as protests convulse city


FILE PHOTO: The logo of Czech consumer finance company Home Credit is seen on a building in Liberec, Czech Republic October 15, 2017. Picture taken October 15, 2017. REUTERS

HONG KONG: Consumer lender Home Credit is poised to offer the biggest test of Hong Kong's capital markets since China's Alibaba delayed plans for a $15 billion listing last month because of the political turmoil engulfing the city.

The Prague-based lender, which has a sizeable Chinese business, could launch its initial public offering as soon as this month, and is seeking to raise more than $1 billion from the offering in the first of a series of significant IPOs planned in the city.

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Home Credit , IPO , Alibaba , new listings

   

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