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    Hong Kong Jewelry Retailer IPO Could Raise $3 Billion

    Sun, 11/27/2011 - 20:27 EDT - Forbes.com - Top Stories

    Hong Kong jewelry retailer Chow Tai Fook is looking to raise nearly $3 billion in an initial public offering that would be one of the largest in Hong Kong this year, according to published reports. The company will offer 1.05 billion shares at HK$15 to HK$21 each, putting the total deal size at up to ...

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      Chow Tai Fook Jewellery Group, the jewelry retailer controlled by Hong Kong businessman Cheng Yu-tung, plans to raise up to US$2.8 billion in an IPO ahead of a listing on the Hong Kong stock exchange.

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    • Hong Kong Luxury Retailer Chow Tai Fook Climbs 6.4% After Profit Soars (Update)

      , the jewelry retailer controlled by the family of Hong Kong billionaire , climbed by 6.4% at the Hong Kong Stock Exchange??today after the company??yesterday??reported a 79% surge in net profit to $817 million for the 12 months ending on March 31. Chow Tai Fook??has benefitted from a rapid rise in spending by mainland Chinese ...

    • Shares In Hong Kong Luxury Retailer Chow Tai Fook Climb 3% After Profit Soars

      Chow Tai Fook Jewellery, the jewelry retailer controlled by the family of Hong Kong billionaire Cheng Yu-tung, rose by 3% in early trading at the Hong Kong Stock Exchange on Wednesday after the company reported a 79% surge in net profit to $817 million for the 12 months ending on March 31. The company has ...

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      Chow Tai Fook Jewellery Group, one of Asia’s largest luxury jewel retailers, broke ground Tuesday on its controlling family’s latest big investment in the central Chinese city of Wuhan, the Chow Tai Fook Jewellery Park. The jewelry park, which will include a plant, distribution center, training site and other facilities, is [...]

    • DealBook: Hong Kong's Chow Tai Fook Jewellery Plans $3 Billion I.P.O.

      Amid market turmoil, Chow Tai Fook Jewellery, based in Hong Kong, is set to stage one of the largest initial public offerings in the world this year, with a listing that could raise more than $3 billion next month.

    • Lun Says Chow Tai Fook's IPO Price `Too Aggressive'

    • Hong Kong jeweller aims to raise $2.8 bn in IPO

      Hong Kong-based Chow Tai Fook Jewellery Co. told investors Monday it is seeking to raise up to $2.8 billion in an initial public offering that would create a new publicly listed giant in luxury goods.The company controlled by Hong Kong real estate tycoon Cheng Yu-tung started booking orders for 1.05 billion shares, or 10.5 percent of its enlarged capital, at HK$15-HK$21 each ($1.92-$2.69), according to Dow Jones Newswires.

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