China Ningbo Port plans IPO (Straits Times)

Monday, December 14th, 2009 | News with Comments Off

SHANGHAI – NINGBO Port Co Ltd, one of China’s four biggest deep water ports focusing on international trade, plans to raise about 10 billion yuan (S$2.09 billion) via a Shanghai listing in the first half of 2010, sources familiar with the matter said on Monday. Ningbo Port, which had originally aimed to list in both Hong Kong and Shanghai markets, decided to float local currency yuan-denominated …
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