PE-owned Belle Fashion files for Hong Kong IPO
China’s largest women’s footwear retailer Belle Fashion, which is backed by Hillhouse Capital and CDH Investments, has filed for a Hong Kong IPO with a reported target of USD 1bn.
The size of the offering – set to be Hong Kong's largest in the retail space since 2020 – could still change depending on ongoing discussions about market conditions, according to Bloomberg. The company...
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