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Aviation IPOs
By Ding Yining |
November 24, 2010, Wednesday
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Print Edition
Print Edition
THE parent and the Hong Kong unit of Hainan Airlines Co plan to raise up to US$1.9 billion in Hong Kong initial public offerings next year.
Grand China Airlines Holding Co, which has four subsidiaries, including Shanghai-listed Hainan Airlines, will raise more than US$1.29 billion in the first half of next year, the South China Morning Post said yesterday, citing President of Hong Kong Airlines Yang Jianhong.
Hong Kong Airlines, in which Hainan Airlines holds a 45 percent stake, is picking underwriters for its US$644 million IPO in the third quarter of next year, Yang said.
Grand China Airlines Holding Co, which has four subsidiaries, including Shanghai-listed Hainan Airlines, will raise more than US$1.29 billion in the first half of next year, the South China Morning Post said yesterday, citing President of Hong Kong Airlines Yang Jianhong.
Hong Kong Airlines, in which Hainan Airlines holds a 45 percent stake, is picking underwriters for its US$644 million IPO in the third quarter of next year, Yang said.
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