Sinotrans allocates 30% of IPO to retail investors
(XIAO GUO)
China Daily
Chinese logistics giant Sinotrans Ltd will increase the initial tranche of share sales for retail investors thanks to a vigorous market response, a source close to the deal said yesterday. Sinotrans will allocate 30 per cent of its US$436 million initial public offering (IPO) to retail investors, up from 10 per cent as originally planned, ...... Read more on China Daily
|