China Resources Land Seeks Up to $1.26 Billion in Share Sale

China Resources Land Ltd. is seeking to raise as much as $1.26 billion in a Hong Kong share sale, according to a term sheet obtained by Bloomberg.

China Resources will offer 380 million shares at HK$25.25 to HK$25.65, a discount of 5.52 percent to 7 percent to the last close on May 11.

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