New Stock News KK Group, a new mainland retailer, submits another application for listing on the main board.
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KK Group, which operates retail brands KKV, THE COLORIST, X11, and KK Pavilion, has once again submitted an application for listing on the Main Board of the Stock Exchange of Hong Kong. The joint sponsors for the listing are Morgan Stanley and Credit Suisse. KK Group had previously applied for listing in 2021, with rumors of plans to raise $500 million. However, the application was deemed ineffective in January this year. According to the latest information, KK Group currently has a total of 696 stores in 31 provinces in China and 22 cities in Indonesia. Some of these stores are franchise stores, while nearly 600 are owned by the company.
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