China’s Huawei Considers an IPO
Chinese telecommunications giant Huawei Technologies Co. has reached out to investment banks for advice on issuing stock to the public, people familiar with the outreach said, as the company considers ways to make itself more transparent and improve its odds of winning big contracts in markets like the U.S.
The conversations with banks involve advice on how and where the telecom-equipment maker might list its stock and the types of disclosures it would have to make to facilitate such a step, the people said. The company hasn’t made a decision to proceed with an IPO or chosen a bank to handle such a transaction, the people said.
