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Luxury brands eye Prada's Hong Kong listing

2012-08-24 1 Dailymotion

Prada has become the latest luxury brand to list on the Hong Kong stock market.<br /><br />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.<br /><br />Prada's listing is being watch by other luxury brands who see China as a growth market.<br /><br />Al Jazeera's Andrew Thomas reports from Tianjin, China.

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