21
Sep
07:02
Tianjin Youfa to go public
The China Securities Regulatory Commission approved Tianjin Youfa Pipe Group’s initial public offering (IPO) on 17 September. The company aims to list on the Shanghai Stock Exchange, Kallanish notes.
The company’s initial public offering of A shares will not exceed 1.42 million shares, accounting for 10.06% of total share capital after the issuance. According to the prospectus, Youfa Group intends to raise CNY 1.4 billion ($207 million)&…
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Anonymous
Very good overview of the weekly steel market.
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