Warburg-Backed e-Shang Seeks $1B Hong Kong IPO

Shanghai-based logistics real estate developer e-Shang Warehousing Services Co., co-founded by private equity firm Warburg Pincus, is seeking an initial public offering in Hong Kong to raise around US$1 billion, according to the Wall Street Journal citing people familiar with the matter. Founded in 2011 by Warburg Pincus and two Chinese real estate entrepreneurs, the […]

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