Xi'an, Shaanxi province-based luxury car dealership operator Sunfonda Group Holdings has raised HK$542 million (US$69.9 million) in a Hong Kong IPO last week, according to information listed on the website of the Hong Kong Exchanges and Clearing Ltd. The company, which postponed its IPO plan because of tough market conditions, was able to sell around 150 […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.