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Greenland Holding Could IPO in 1st Half of 2014

2014/01/13 by Syndicated Content Leave a Comment

Atlantic Yards in Brooklyn

Greenland bought the $4B Atlantic Yards project in 2013

China’s Greenland Holding Group could complete its domestic listing by the first half of this year, its chairman said on Friday.

Such a move—which would require government approval—could make the acquisitive state-controlled company the first property developer to list on mainland China since 2010.

Zhang Yuliang, chairman of the Shanghai-based company, said in a text message to The Wall Street Journal that “it’s possible” that the firm would list its shares in mainland China—what’s known as the A-share market—by the end of June. He declined to give further details.

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Filed Under: Finance Tagged With: china real estate developer, crebrief, Greenland Group, IPO

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