Greater China

Lianyugang port to issue new shares

Shanghai: Lianyungang Port Group has received approval from China Securities Regulatory Commission (CSRC) to issue 351m non-public A shares in the next six months.

The price will not be lower than RMB3.11 per share and Lianyungang port is expected to raise up to RMB1.09bn from the issue. [31/07/13]

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