China’s Trip.com plans $1b Hong Kong secondary listing
Hong Kong. Source: Robert Bye/Unsplash
Trip.com Group, a Nasdaq-listed Chinese online travel company, could launch a secondary listing in Hong Kong valued at more than $1 billion as early as next week, according to two informed sources.
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The industry in China has begun to show signs of a pickup with a rise in bookings, Trip.com CEO Jane Jie Sun added.
The company is in talks with international and Chinese lenders for the facility.
