STX Group Says It May Seek Hong Kong IPO for Chinese Shipbuilding Business

STX Group may become the first South Korean company to list in Hong Kong as it mulls plans for selling shares in the city of its Chinese shipyard.

The group is also considering listing in Singapore, STX Group Chairman Kang Duk Soo said at an event on April 30 in Dalian, northeastern China, according to a company transcript. He didn’t comment on the timing of the initial public offering.