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HK & CHINA GAS' EcoCeres Plans to List in Europe, Raising US$500M-US$1B: Rumor
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EcoCeres, a Hong Kong renewable fuel “unicorn” company incubated by HK & CHINA GAS (00003.HK) which is also a strategic shareholder, is planning to list in Europe, raising a reported US$500 million to US$1 billion, with a target valuation of US$5 billion, Bloomberg quoted sources as saying.

If EcoCeres is listed in Europe, it will become the first HK & CHINA GAS company to be listed overseas and the second listed company after TG SMART ENERGY (01083.HK).

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