HONG KONG: Fashion Chain Ports Design Eyeing IPO?
Fashion chain Ports Design Ltd was on Monday reported to be planning to raise up to HK$379 million (US$48.6m) through an initial public offering in Hong Kong as it embarks on an expansion drive. Media reports quoted market sources as saying the operator of about 250 shops in China expects its shares to debut on Hong Kong's main board at the end of this month.