Leading Chinese retailer Chow Tai Fook is poised to go
public with an IPO valued at as much as $2 billion, according to a May
23 report in Reuters.
The company, a DTC sightholder, currently has 1,400 jewelry
stores across China, and plans to open up about 200 a year, Reuters said. The
company aims to have 2,000 stores by the year 2020.