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 […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.


Visit the original source and full text: China Money Network