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Xintiandi, originally a haven for expatriates, is now Shanghai's number one tourist attraction for Chinese visitors, says Vincent Lo, chairman of Shui On.
ECONOMIST: China
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On Monday, Shui On said that China Xintiandi has submitted an application to list in Hong Kong with the stock exchange, and funds raised will go toward expansion.
WSJ: Shui On Land's China Xintiandi Plans $1 Billion Hong Kong IPO
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He built up the Xintiandi project in Shanghai from 2001.
WSJ: Shui On Land's China Xintiandi Plans $1 Billion Hong Kong IPO
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Tam opened a shop in Shanghai's upscale Xintiandi district and Beijing's China World in 2004, and later paired up with Disney for "Year of the Mouse" projects in Shanghai and Hong Kong.
FORBES: Magazine Article
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China Xintiandi has hired J.
WSJ: Shui On Land's China Xintiandi Plans $1 Billion Hong Kong IPO
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Indeed Xintiandi is being replicated in cities throughout China, both by Shui On, which has a similar project in Hangzhou, south-west of Shanghai, and by copycats, who have been caught photographing the original's features, down to the carvings above the lintels.
ECONOMIST: China
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The press conference at Xintiandi in Shanghai last Friday where we unveiled our 2012 Forbes China Rich List (click here for the new list) included a long discussion about some of the most important Chinese wealth trends of the past decade.
FORBES: Wealth, Bribes and Lies: Ten Years Of Tracking China's Richest
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In addition to the government's efforts to cool the property market, China Xintiandi's IPO would come as other companies are finding it increasingly hard to get their deals done in Hong Kong, the world's busiest venue for IPOs in the three years to 2011.
WSJ: Shui On Land's China Xintiandi Plans $1 Billion Hong Kong IPO