Chando Cosmetics Maker Jala Weighs $500 Million Hong Kong IPO, Sources Say

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Chando Cosmetics Maker Jala Weighs $500 Million Hong Kong IPO, Sources Say
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(Bloomberg) -- Jala Group, a Chinese cosmetics and skincare brand, is considering an initial public offering in Hong Kong that could raise as much as $500 million, according to people with knowledge of the matter.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTraders Shu

I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.Interest rate hikes might be over but don't expect housing market to flare up: BMO

TORONTO — One Bay Street economist says it's unlikely the housing market will flare up, despite the Bank of Canada's decision to keep its key interest rate on hold on Wednesday. Robert Kavcic, senior economist with BMO Capital Markets, said softer job markets, new listings on the housing market and a restrictive mortgage market are all working against the housing market this fall.

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