High-end jeweler Graff aims for June listing in Hong Kong: report


HONG KONG — High-end London-based jeweler Graff Diamonds is planning to list in Hong Kong on June 7, a report said Monday, as it seeks to raise up to US$1 billion in one of the biggest IPOs this year. The firm plans to start taking orders from investors in a road show between May 21 and 31 and is set to price the initial public offering at the end of the event, according to a term sheet seen by Dow Jones Newswires.

The IPO is set to be one of this year’s blockbuster share sales after China’s second largest brokerage Haitong Securities last month raised US$1.68 billion from its Hong Kong IPO, the world’s biggest so far this year.