Staff reporter
Xiamen Port Group, which runs the largest container terminal in the mainland coastal city, is reported to be planning to raise up to US$1.5 billion (HK$11.7 billion) in an initial public offering ahead of its listing in Hong Kong.
The
Hong Kong Economic Journal reported yesterday that BNP Paribas Peregrine was the sponsor, without citing sources. The investment bank declined to comment on the report
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