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Xi'an, Shaanxi province-based luxurious car distributor Sunfonda Group Holdings is planning an IPO in Hong Kong to raise as much as $100 million, according to a prospectus of the company. The company will issue 150 million new shares at HK$3.65 to HK$4.55 per share. Sunfonda says it will use the proceeds to open more outlets […]
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