Hopewell Hong Kong Properties

Hopewell exit adds to strains on IPO market

Hopewell Tower in Wan Chai. Photo: Edward Wong

The outlook for Hong Kong's tepid initial public offering market has been further weighed down by the deferral of Hopewell Hong Kong Properties' offering.

Thursday, 13 June, 2013, 3:31am

Hopewell hopeful over share sale

Thomas Wu, managing director of Hopewell, sees rosy prospects for the company. Photo: May Tse

Hopewell Hong Kong Properties will see positive rental growth in its existing real estate portfolio in the short term, with improved tenants, managing director Thomas Jefferson Wu promised potential investors yesterday.

Wu painted a rosy picture of the property concern at the company's press conference yesterday to outline its proposed listing.

6 Jun 2013 - 4:07am

Hopewell arm eyes float amid upbeat outlook

Hopewell Hong Kong Properties portfolio

Hopewell Hong Kong Properties, a spin-off from the conglomerate Hopewell Holdings, plans to raise up to US$800 million from an initial public offering in Hong Kong, cashing in on the positive outlook for the city's commercial property market.

11 May 2013 - 4:37am