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Port to float

Author: Gary Dixon in London Posttime:2010-01-11 07:46:59
China's Qinhuangdao Port is planning a big share sale on the Shanghai Stock Exchange this year.

China's largest coal facility will raise CNY 5bn ($732m) from the listing with an offering of 1.4bn shares.

Caijing magazine reported that the port has hired China International Capital Corp as the underwriter, citing the parent of the port, Hebei Port Group Co.



source:Tradewinds
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