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Qingdao Port, investor raise HK$2.9b in IPO

Rare fixed-price sale strategy adopted to avoid market jitters

[HONG KONG] A Chinese port services firm has completed a rare fixed-price initial public offering (IPO) of shares in Hong Kong in an accelerated, pragmatic sale skirting the market jitters that derailed more ambitious regional listings in the last few weeks. Qingdao Port International Co and its

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