Jeweller Chow Tai Fook moves forward with $2.8 billion IPO

12/4/2011 | Reuters

Jewellery retailer Chow Tai Fook expects strong sales growth in China, Hong Kong and Macau during the next decade, and the company is moving ahead with a planned IPO in Hong Kong. The offering aims to raise up to $2.8 billion, which the company will use to add stores in its three fastest-growing markets.

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