Coastal Ports News
- Ningbo Port plans HK, Shanghai IPO
Date: 15-Nov-2007 Sources: (Shenzhen Daily)
PORT operator Ningbo Port Group aimed to raise as much as US$2 billion in a dual Hong Kong and Shanghai initial public offering (IPO) in 2008, sources familiar with the deal said yesterday.
The company, which operates a port in the thriving eastern Chinese city of Ningbo, has tapped Credit Suisse, JP Morgan and Bank of China International to manage its dual H share and A share listing.
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