Onewo targets US$783mil in Hong Kong’s largest IPO of 2022


HONG KONG: Chinese property firm Onewo Space-Tech Service is launching Hong Kong’s largest initial public offering (IPO) of 2022 as it aims to raise up to HK$6.15bil (US$783.54mil or RM3.55bil), regulatory filings show.

The company, a division of developer China Vanke Co Ltd, has set a price range of HK$47.1 (RM27.2) to HK$52.7 (RM30.43) a piece for the sale of 116.74 million shares.

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