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China Resources Beverage, a state-owned firm, plans a $700M IPO in Hong Kong, the largest in 2024.
China Resources Beverage, a subsidiary of state-owned China Resources Holdings, is set to launch an initial public offering in Hong Kong next week, aiming to raise up to $700 million.
This would be the largest IPO in the city for 2024, surpassing a $330 million offering by Sichuan Baicha Baidao Industrial.
Bidding for the shares will begin on Tuesday, with Bank of America, BOC International, Citic Securities, and UBS as sponsors.
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China Resources Beverage, una empresa estatal, planea una OPI de 700 millones de dólares en Hong Kong, la más grande en 2024.