Luxury brands eye Prada's Hong Kong listing
Al Jazeera English
2012-08-24
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Prada has become the latest luxury brand to list on the Hong Kong stock market.
Shares in the Italian fashion house saw modest gains on opening, with the company raising a lower than expected $2.1bn with the initial price offer.
Prada's listing is being watch by other luxury brands who see China as a growth market.
Al Jazeera's Andrew Thomas reports from Tianjin, China.
Shares in the Italian fashion house saw modest gains on opening, with the company raising a lower than expected $2.1bn with the initial price offer.
Prada's listing is being watch by other luxury brands who see China as a growth market.
Al Jazeera's Andrew Thomas reports from Tianjin, China.
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