SOHO China Ltd, the Beijing developer that raised US$1.9 billion in an initial stock sale in Hong Kong in October, may sell shares in China as soon as regulations allow to bolster its ability to finance land purchases.
"We would like to consider" a domestic offer when rules allow, Soho Chief Executive Officer Zhang Xin said in an interview. Chinese law bars overseas-incorporated and publicly-traded companies with main operations in China from selling stock on local markets, where valuations are higher. Soho China is incorporated in the Cayman Islands.