The China Huarong building stands in Beijing. Huarong’s price range is equivalent to a forecast price-to-book ratio of 0.96 to 1.05 times for 2015, the sources said, compared with 0.9 times for Cinda.

China Huarong IPO seeks US$2.8b in biggest Hong Kong listing so far this year

Firm plans to use most of the proceeds to expand its distressed debt business

Topic |   Hong Kong Stock Exchange

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The China Huarong building stands in Beijing. Huarong’s price range is equivalent to a forecast price-to-book ratio of 0.96 to 1.05 times for 2015, the sources said, compared with 0.9 times for Cinda.
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