By  on October 23, 2017

HONG KONG — Crystal International Group Ltd., plans to raise up to $4.5 billion Hong Kong dollars, or $576.6 million at current exchange, in an initial public offering beginning Monday that has attracted key investors such as Fast Retailing and L Brands.

The world’s largest apparel maker by production volume in 2016, according to Euromonitor, Crystal is offering between 7.30 HKD and 8.80 HKD a share, with 509.3 million shares to be issued in total, according to its filing to the Hong Kong Stock Exchange.

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