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News / Jin Jiang Shipping IPO fails to hit target, but shares rise

JJ Nagoya
Photo: VesselFinder
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Shanghai Jin Jiang Shipping (JJ Shipping), the liner subsidiary of Shanghai International Port Group (SIPG), was listed on the Shanghai Stock Exchange today after an IPO that failed to raise its targeted funds.

CNY2.18bn ($308m) was raised, with the net proceeds being $290.68m after deducting issuance ...

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    Initial public offerings Jin Jiang Shipping Shanghai International Port Group

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