Fosun-owned Hainan Mining to list in Shanghai
Hainan Mining, an iron ore miner owned by Chinese conglomerate Fosun International, is set to raise RMB1.9 billion ($308 million) through an IPO in Shanghai.
The company will be list on the Shanghai Stock Exchange on December 9, after selling 187 million shares at RMB10.34 apiece, Fosun said in a public filing. Fosun acquired a 60% stake in Hainan Mining,...
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