Chinese theme park operator Haichang Holdings aims to raise up to $346 million in a Hong Kong initial public offering in March. It will be the first Asian theme park operator to list.
The global roadshow starts Friday, with bankers travelling across Asia, Europe and the US to meet with potential institutional and retail investors.
Haichang, China’s version of Sea World, is seeking $281 million to $346 million, with one billion shares on offer priced between HK$2.18 and HK$2.68. If the greenshoe option is exercised, the amount raised could hit $397 million.
Shares will price on March 8 with the listing due...
¬ Haymarket Media Limited. All rights reserved.
