A Goldman you've never heard of is pursuing a Hong Kong IPO
Hong Kong
GOLDMAN is planning an initial public offering in Hong Kong - but it's not the Goldman you've heard of.
Goldman Faith Holdings Ltd, a local engineering subcontractor which adopted its current name less than a month ago, lodged an application to list on the main board of the Hong Kong stock exchange, according to a Dec 19 filing. The name of the company, which works on electrical systems for hospitals in the city, sports similarities to Wall Street investment bank Goldman Sachs Group Inc in both English and Chinese.
The Chinese name of Goldman Sachs, which combines connotations of prestige and prosperity, is pronounced "go sing" by Cantonese speakers in Hong Kong. Goldman Faith also chose a Chinese name read as "go sing", using…
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