Coastal Ports News
- Ningbo Port plans initial public offering
Date: 30-May-2007 Sources: (Shenzhen Daily)
THE State-controlled operator of Ningbo, the world's fourth-busiest port operation for cargo-handling, is planning early moves to float on the Chinese stock market.
Senior executives at the Ningbo Port Group, which handled more than 300 million tons of cargo last year, revealed that they are actively evaluating plans for an initial public offering that would bring the operation to market.
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