PE-backed Blue Moon picks banks to lead Hong Kong IPO: Reuters

Blue Moon, a Chinese liquid detergent maker, has picked China International Capital Corporation and Citigroup to lead its Hong Kong IPO, reported Reuters.

Blue Moon, a Chinese liquid detergent maker, has picked China International Capital Corporation and Citigroup to lead its Hong Kong IPO, reported Reuters. The news outlet added that Bank of America is also expected to work on the float that will likely take place in the second half of the year. Blue Moon is backed by Hillhouse Capital Group.

Source: Reuters