0629 GMT - China Vanke Co. is the most mentioned company in Asia Pacific news over the past 10 hours, according to Factiva data, after it said its unit would raise up to HK$6.15 billion ($783.5 million) in an initial public offering in Hong Kong. Onewo, which is 63%-owned by China Vanke, expects to start trading on Sept. 29 after finalizing its price on Sept. 22. The China Vanke property-management spinoff's IPO will test investors' appetite for listings related to property in China, which has faced severe challenges in recent months, though Beijing has recently provided support for the property sector. China Vanke shares are down 1.5% in Hong Kong, in line with the Hang Seng Index, which is down 1.1% Dow Jones & Co. owns Factiva. (jacques.vanwersch@dowjones.com)


(END) Dow Jones Newswires

09-19-22 0244ET