Chinese developer Vanke's unit looking to raise $733m in Hong Kong IPO

Chinese developer Vanke's unit looking to raise $733m in Hong Kong IPO

REUTERS/Bobby Yip

Developer China Vanke Co Ltd’s property services arm Onewo Inc is set to raise HK$5.75 billion ($733 million) after pricing its shares at HK$49.35 each in its Hong Kong IPO, according to two sources with direct knowledge of the matter.