Four mainland port operators - from Xiamen, Tianjin, Shanghai and Dalian - plan to raise about HK$11 billion from initial public offerings on the Hong Kong stock exchange in the coming months, sources familiar with the deals said.

Tim LeeMaster

Four mainland port operators - from Xiamen, Tianjin, Shanghai and Dalian - plan to raise about HK$11 billion from initial public offerings on the Hong Kong stock exchange in the coming months, sources familiar with the deals said.

A HK$1 billion IPO by Xiamen Port Affairs slated for the end of this month is likely to be the first out of the gate, quickly followed by the HK$620 million spin-off of Tianjin Development Holdings' port operations about the same time or in early December ......
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