Hangzhou Airport resumes IPO work
By Wang Ying | China Daily | Updated: 2010-05-07 07:56
SHANGHAI - Hangzhou Xiaoshan International Airport is seeking to build a regional aviation hub as well as pursue an initial public offering (IPO), a top company executive said.
As one of the 10 busiest airports in the nation, Hangzhou Xiaoshan International Airport announced on Thursday it will kick start a two-year-old IPO plan.
"Back in 2008 we formed a taskforce to study the possibility of launching an IPO, and hired two securities companies to do the research," said Eric Wong, CEO of the Hangzhou-based airport.
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