Onewo House-Tech launches $783 million Hong Kong IP0

HONG KONG, Sept 19 (Reuters) – China’s Onewo House-Tech Service has launched Hong Kong’s largest preliminary public providing (IPO) in 2022 because it goals to boost as much as HK$6.15 billion ($783.54 million), based on its regulatory filings.

The corporate, the property providers division of developer China Vanke , is promoting 116.74 million shares at a most worth of HK$52.7 every.

China Vanke, which is the nation’s second largest property developer by gross sales, owns 57.1% of Onewo, the corporate’s regulatory filings present.

($1 = 7.8490 Hong Kong {dollars})

Reporting by Scott Murdoch; Modifying by Muralikumar Anantharaman

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