Heji International Group Plans To Apply For Listing In China By The End Of Next Year.

According to reports, on Saturday, July 23rd, people familiar with the matter revealed that China

HKEE International Group plans to apply for listing in China by the end of next year.

Hkei International Group is headquartered in Guangzhou, and owns Ochirly, Five, Plus, Trendiano, Miss Sixty, Energie, Killah and so on.

Brand.

Those who do not want to disclose their identity say the target of Heji International Group is valued at $5 billion.

The information has not yet been publicly disclosed.

Heji International Group has chosen a Chinese investment bank as the underwriter of the IPO.

In China's clothing retailing industry, there are already many modern enterprises such as the modern road group with card slave road and Shanghai La Natsu Bell fashion company.

Over the past three years, 25 clothing companies have been offering initial public offerings in mainland China and Hongkong.

Data collected show that the total financing amount of these enterprises is as high as 2 billion 200 million US dollars.

Since its listing in February 2012, the stock price of modern Boulevard has risen by 118%, winning the 107% increase in Shenzhen composite index.

The market value of the company was only $109 million at the time of listing.

Shanghai's La Natsu Bell fashion company has fallen 44% since its listing in the HKEx in October 2014, while the Hang Seng Index fell only 5.6%.

According to the data provided by the press conference, L Asia capital, an investment company of French luxury group Lewis Vuitton, has invested nearly $200 million in Heji International Group in 2011.

According to relevant sources, the private equity fund held 10% stake in Heji International Group, which valued at Heji international group at $2 billion.

Hkei international group was founded in 1999. It owns women's brand, Five and Plus, and also has the brand of men's casual wear.

Since then, herkey group has acquired Miss Sixty brand Asian business, and other cowboy brands such as Cottbus and Killah.

According to official website data, the Hertz group has opened more than 3000 brand stores.

Last year, the group set up a joint venture with SuperGroup, a British clothing company, to sell Superdry brand clothes in China.

However, people familiar with the matter believe that at present, there are more queuing enterprises listed on the IPO of China's stock market, which may delay the final listing time of Hechi international group.

Heji international group did not respond to this matter.

L representatives from Asia capital also declined to comment on the matter.