Hong Kong IPO for China Southern Air Cargo
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1 Articles
Hong Kong IPO for China Southern Air Cargo
Guangzhou-based China Southern Air Holding is considering listing China Southern Air Cargo (CZ, Guangzhou) on the Hong Kong Stock Exchange (HKEX), according to Bloomberg. The IPO could raise "hundreds of millions of dollars" but comes hot on the heels of abandoning a planned listing on the Shanghai Stock Exchange and as the US and China engage in a high-stakes trade war. Citing sources not authorised to speak publicly, the report says the Hong K…
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