HONG KONG -- Trip.com Group, a Nasdaq-listed Chinese online travel company, is set to raise 8.47 billion Hong Kong dollars ($1.09 billion) from a share offering in the city, according to two people familiar with the transaction.
Markets
China's Trip.com set to raise $1.09bn in Hong Kong share sale
Demand set to encourage other companies eyeing 'homecoming' listing
Trip.com is one of the Chinese companies aiming for a "homecoming listing" in Asia. (Photo by Ken Kobayashi)
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