Budget Carrier Spring Airlines Is Said to Mull Hong Kong Listing

Chinese budget carrier Spring Airlines Co. is considering a listing in Hong Kong, possibly next year, people familiar with the matter said.

The Shanghai-headquartered airline has picked JPMorgan Chase & Co. and UBS Group AG to work on the share sale, according to the people, who asked not to be identified because the information is private. It could raise several hundred million dollars, they said.

Deliberations are ongoing and details such as the size and timing of the potential offering haven’t been finalized, the people said.

Spring Airlines didn’t respond to requests for comment outside of office hours, with mainland ...