Friday, March 29, 2024

Tag Archives: ABC International

Xiwang raises $171 million from Hong Kong IPO

Xiwang Special Steel

The specialist steelmaker will become the first company of size to list in Hong Kong this year. Chinese steelmaker Xiwang Special Steel has raised HK$1.33 billion ($171 million) from the first initial public offering of size in Hong Kong this year. Investors weren’t exactly rushing into the deal, though, and according to sources the stock was mainly bought by a …

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