Unisplendour Said to Plan Hong Kong Listing to Raise About $1 Billion
- Shenzhen-listed firm may proceed with HK share sale this year
- Beijing-based IT company’s market value is nearly $10 billion
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Chinese cloud-computing and IT infrastructure company Unisplendour Corp. is preparing for a second listing in Hong Kong as soon as this year that could raise about $1 billion, people familiar with the matter said, as mainland-listed companies make a beeline to sell shares in the city.
Beijing-based Unisplendour has invited banks to pitch for a role in the listing, the people said, asking not to be identified because they weren’t authorized to speak publicly on the subject.