<IPO>SPRING AIRLINES (601021.SH) Clarifies No Current Plan for HK Listing
In response to hearsay that the mainland budgeted airline SPRING AIRLINES (601021.SH) is weighing ...
In response to hearsay that the mainland budgeted airline SPRING AIRLINES (601021.SH) is weighing a listing in Hong Kong, the Shanghai Securities News quoted a representative of the company stating that it currently has no such plan.
If there is any substantial development, the company will fulfill its information disclosure obligations in accordance with the law, and official announcements shall prevail, said the representative.
Earlier on, Bloomberg had cited sources indicating that SPRING AIRLINES is mulling a Hong Kong listing next year, with JPMorgan and UBS appointed to lead the process, potentially raising several hundred million US dollars.
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