China Xiniya Fashion Limited, a specialty retailer that designs and manufactures men's business casual apparel in China, filed on Thursday with the SEC to raise up to $125 million in an initial public offering. The Jinjiang-based company, which was founded in 2005 and booked $100 million in sales last year, plans to list on the NYSE under the symbol XNY. Cowen & Company is the lead underwriter on the deal, for which timing was not disclosed.
