The manufacturer of Luxury handbags is planning a listing on the stock exchange of Hong Kong to raise awareness of its brand in Asia, while remaining listed on the NYSE. Coach (NYSE: COH - News) will issue Hong Kong depositary receipts, but no further action will be issued and no capital will be raised. While the coach has 55 stores in China vs 174 to the Japan, China is its region the fastest-growing and 11 that more stores are planned it this year. Shares rose 1.2% to 60,66.
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