HONG KONG: Fast Retailing coy on Hong Kong listing
By Katie Smith | 24 January 2013
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Uniqlo is rumoured to be looking at going public on the Hong Kong Stock Exchange |
Japanese retailer Fast Retailing has remained coy on reports its casual clothing brand Uniqlo is looking to list its shares on the Hong Kong Stock Exchange for the first time this year.
Uniqlo has explored the possibility of listing in Hong Kong, according to the Hong Kong Economic Journal, which cited market sources.
The report added that details of the listing have not been decided, including whether the listing will be under the Uniqlo name or its parent company Fast Retailing.
However a spokesperson for Fast Retailing told just-style it would not be commenting on "rumors or speculation."
Fast Retailing listed its shares on the Hiroshima Stock Exchange in 1994, which later merged into the Tokyo Stock Exchange in March 2000.
Sectors: Apparel, Finance, Retail
Companies: Fast Retailing, Uniqlo
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