Three sources who directly understand the situation revealed that China Resources Enterprise, a subsidiary of China Resources Group, plans to raise 500 million to 1 billion US dollars (680 million to 1.37 billion new new funds (IPOs) in Hong Kong for the first time in Hong Kong.Yuan).

Reuters on Friday (October 13) quoted sources reported that China Resources Long Di has chosen Citi Group, China International Financial Corporation and JP Morgan Chase to be sold by the Real Estate Investment Trust Fund (REITs).

Two sources said that China Resources is considering the IPO next year or 2025.

Reuters said that the International Financial Review (IFR) first reported on Thursday (12th) the IPO plan of China Resources Longdi.

China Resources Longdi was originally known as China Resources Property. It is one of the 26 business units of China Resources Group. It was formerly known as Longdi Enterprise established in 1982. It was renamed China Resources Property in March 2002.

China Resources Longdi official website shows that the company's business mainly involves four major sections: property leasing, living services, hotel business, and high -end retail of China Arts, which are distributed in Hong Kong, Thailand and mainland China.

The property operating and managed by the company covers Grade A urban complex, various types of houses and large public facilities, service apartments, luxury hotels, boutique hotels, data centers, China Resources Group Learning and Innovation Center, Hope Hope SmallTown hotels and inn, military barracks in Hong Kong.