Pacific Satellite TV brushes off backdoor listing in Hong Kong

Referring to the report saying that Pacific Satellite TV plans to go public in Hong Kong by backdoor listing, its vice president Xu Yuan Chun clarified when taking an interview from Ming Pao that the company had neither backdoor listing plan in Hong Kong at present nor contacts with any investment banks on the matter.

However, she revealed that there was a possibility of strategic participation since many Europe and US financial institutions had contacted the company.

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