Chinese Tower Operator Guodong Is Said to Plan Hong Kong IPO

Guodong Group, a Chinese wireless infrastructure company, is planning an initial public offering in Hong Kong that could raise about $300 million, according to people with knowledge of the matter.

The Shanghai-based company plans to sell shares as soon as this year, the people said, asking not to be identified because the information is private. Guodong is working with advisers on the planned listing, the people said.