China's Elegant Home-Tech eyes $144m IPO in Shanghai

China's Elegant Home-Tech eyes $144m IPO in Shanghai

Gray steel 3-door refrigerator near modular kitchen. Source: Naomi Hébert/Unsplash

Elegant Home-Tech, a Chinese PVC plastic flooring production and export business, is targeting to raise about 1 billion yuan ($144 million) in an initial public offering (IPO) on the main board of the Shanghai Stock Exchange.