KKR-backed Rundong Auto to launch up to $138 mln HK IPO
July 30, 2014 at 04:51 AM EDT
HONG KONG, July 30 (Reuters) - China's Rundong Automobile Group, backed by private equity firm KKR & Co LP, said it will launch an up to $138 million initial public offering in Hong Kong on Thursday, betting on continued demand for luxury vehicles in the world's second-largest economy.
