State-owned China CNR Corp. Ltd. is hoping to raise as much as $1.5 billion through its planned Hong Kong listing.
May 07, 2014 at 05:35 AM
1 minute read
The original version of this story was published on Global Lawyer News
Morrison & Foerster is advising state-owned train maker China CNR Corp. Ltd. on an upcoming Hong Kong initial public offering that could raise up to $1.5 billion.
The IPO, scheduled for May 22, is being viewed as a potential test of market sentiment following the withdrawal of a planned $5.3 billion listing by Chinese meat processor WH Group Ltd.
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