SHANGHAI: Shipping giant China COSCO Holdings Co attracted over US$200bil of funds to its US$2bil initial public offer of shares in Shanghai, a record amount of subscriptions to a domestic Chinese IPO.
The flagship company of China’s premier shipping group drew 1.629tril yuan (US$214bil) of subscriptions from retail and institutional investors, the company said yesterday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
