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Luxury brands eye Prada's Hong Kong listing
Fashion house's debut closely watched by rivals who see China as growth market.
Last Modified: 24 Jun 2011 10:24

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.
Source:
Al Jazeera
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