Evergrande Real Estate Group, the largest Chinese developer by third-quarter sales, aims to raiseup to HK$6.05b ($780million) in a Hong Kong initial public offering, according to a sale document.

The Guangzhou-based developer and shareholders are offering a combined 1.51 billion shares at HK$3.00 to HK$4.00 each, according to the document e-mailed to fund managers.

Evergrande is reviving a share sale after volatile stock markets prompted the company to abort an attempt to raise as much as HK$16.6bn in March 2008 in what would have been the largest Hong Kong IPO by a Chinese property company at the time.