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Aggregated China Business Blogs
Fosun-Backed Hainan Mining To Raise $310M In Shanghai IPO
Aggregated Source: China Money Network
Chinese iron ore miner Hainan Mining Co., Ltd., 60% owned by Chinese conglomerate Fosun Group, is set to raise RMB1.9 billion ($310 million) in an initial public offering on the Shanghai Stock Exchange tomorrow, according to a regulatory filing. The company plans to sell 187 million shares at RMB10.34 per share. Its shares will begin […]


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