Stocks News
- CSCL to launch Shanghai IPO next week
Date: 29-Nov-2007 Sources: (Shenzhen Daily)
CHINA Shipping Container Lines Co. (CSCL) said yesterday it will launch a domestic offering of its shares in Shanghai next week that analysts estimate will raise up to US$2 billion.
The offer, the latest in a series of A-share offerings this year by State firms with shares already listed in Hong Kong, will be open for subscriptions next Tuesday and Wednesday, CSCL said in a statement yesterday.
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