Real Estate Nov 20, 2020 04:40 PM (GMT+8) · EqualOcean
Evergrande plans to IPO in Hong Kong next Monday, raising about $2 billion, people familiar with the matter said. Evergrande plans to issue 15% of its shares at 20.5 – 23.5 times earnings, with a market value of $13.3 billion. Cornerstone investors will accept half of the IPO.