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<IPO>CN Aluminum Smelter Chuangxin Industries Said to List in HK to Raise $5.4B+
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Chinese aluminum smelter, Chuangxin Industries Holdings, planned to list in Hong Kong, aiming to raise approx. US$700 million (about $5.46 billion), with CICC and Huatai International being its sponsors for the listing, foreign media quoted insiders as saying. Chuangxin Industries, headquartered in Inner Mongolia, planned to start accepting investor subscriptions as early as Friday (14th), with expectations to list on HKEX in the coming weeks, insiders added. This week, Chuangxin Industries began assessing investor interest in its Hong Kong IPO. AASTOCKS Financial News Website: www.aastocks.com |
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