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BAIC to raise 3b yuan for its electric-car business
It will sell shares in the unit on Shanghai's exchange for emerging firms: sources
Published Tue, Mar 8, 2016 · 09:50 PM
Beijing
BAIC Group is seeking to raise about three billion yuan (S$638.3 million) in a financing round for its electric-car business, with plans to sell shares in the unit on Shanghai's exchange for emerging companies, according to people familiar with the matter.
Beijing E…
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