Ningbo Port float to set sail after approval from regulator
By Wang Ying | China Daily | Updated: 2010-06-02 07:53
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Ningbo Port Co plans to raise up to 13.3 billion yuan ($1.95 billion) in its initial public offering (IPO) in Shanghai. The company is scheduled to sell 2.5 billion shares in Shanghai sale and up to 2.35 billion shares in Hong Kong. Zhang Peijiam / China Daily |
Sector outlook still promising given growing cargo demand
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