![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
TRUCKING MARKET SHARES * China - Truck maker takes IPO on the road
Sinotruk launches its $1.2 billion offering amid increasing market volatility and will have to fight for investor attention with several other transport-related companies
Hong Kong,China -FinanceAsia, by Anette Jönsson -13 November 2007: -- China’s largest heavy truck manufacturer Sinotruk (Hong Kong) is the latest company to kick off the institutional roadshow for an initial public offering in what promises to be a month heavily focused on transport... Also in the market is Sinotrans Shipping, a dry-bulk shipping company that is looking to raise up to $1.47 billion in an offering that closes on Thursday. And yesterday, China Railway Group also kicked-off pre-marketing for the H-share portion of a near simultaneous A- and H-share listing that could raise a combined $3.5 billion. Meanwhile, there is still a chance that North China Shipping, which also focuses on dry-bulk, will be able to bring its $700 million to $800 million IPO to market before the end of the year.
Labels: trucking markets shares
posted by Unknown @ 4:30 AM
0 Comments:
Post a Comment
<< Home