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Nanjing Skytech Plans a Hong Kong Listing
[June 10, 2013]

Nanjing Skytech Plans a Hong Kong Listing


NANJING, Jun 10, 2013 (SinoCast Daily Business Beat via COMTEX) -- Market information said that software developer Nanjing Skytech Co., Ltd. 25% held by Alibaba Group intended to get listed in Hong Kong. IPO may be kicked off next month at the soonest.

Nanjing Skytech got listed on London AIM in 2006, being the first Chinese software developer to list on the London Stock Exchange, privatized in 2010. The next year, Alibaba took stake in Nanjing Skytech through affiliated investor.

Source: www.qq.com (June 10, 2013)

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