China to host world’s two largest IPOs of the year ...News

Economy by : (Russia Today) -
China’s Nasdaq-like STAR board plans later this year to host each of the year's two largest IPOs in the market, with a forecast potential of raising over 100 billion yuan ($17 billion). The Shanghai-based STAR market, which lists science and technology companies, is prepping to list the shares of China Telecom Corp., one of the nation’s largest telecom carriers, and Syngenta Group, the Swiss agrichemicals giant owned by ChemChina (China National Chemical Corp). Also on rt.com Chinese stocks gain on reports Beijing will continue to allow US listings China

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