News / Despite freight rate fall, LC Logistics goes ahead with Hong Kong IPO

Bal Boan
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LC Logistics, parent of Chinese NVOCC BAL Container Line, went ahead with its initial public offering today, raising HK$145.64m ($18.63m) after listing 28.3m shares on the Hong Kong Stock Exchange at HK$5.13.

Amid the reversal of fortunes in the container shipping market, where freight rates have ...

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    BAL Container Line Initial public offerings LC Logistics