Italian fashion house Prada opened up its retail books on Monday, as part of its IPO in Hong Kong aimed at raising as much as US$3 billion.
Prada is the latest in a string of foreign companies lining up to list in Hong Kong, seeking to tap into Asia’s growth and to raise brand awareness.
This week alone, there are some six companies kicking off their roadshows in a bid to raise cash. Other retailers in the queue include US handbag maker Coach and luggage maker Samsonite.
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