13
Mar
08:33
Baodi Mining lists on the Shanghai Stock Exchange
Xinjiang Baodi Mining Co., Ltd. was officially listed on the Shanghai Stock Exchange on 10 March with the code 601121, Kallanish notes.
The company issued 200 million shares, accounting for a quarter of the total and raising CNY 814 million ($118m) after deducting issuance expenses, in line with its initial plans.
The funds raised this time will all be used for the company's main business, including the reconstruction and expansion project of the Songhu …
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