Central China Real Estate has kicked off the institutional roadshow for what could become the first successful Hong Kong listing of a Chinese property company in more than six months. The company will be stressing its position as the leading residential developer in Henan, which is ChinaÆs most populous province and a laggard in terms of both urbanisation and property prices, as the key argument for why investors should include it in their portfolios.
Another positive should be the fact that SingaporeÆs leading developer, CapitaLand, has made two investments into Central China and holds just over 36% before the IPO. This should inspire confidence among other investors about the quality of the company...
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