Luxury brands eye Prada's Hong Kong listing | News | Al Jazeera

Luxury brands eye Prada's Hong Kong listing

Fashion house's debut closely watched by rivals who see China as growth market.

    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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