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China broker to raise US$4.8b in the country's biggest IPO since 2010

Beijing

GUOTAI Junan Securities Co, China's largest brokerage by revenue, is capitalising on a world-beating stock rally by seeking US$4.8 billion in the nation's biggest domestic initial share sale since 2010.

Guotai Junan will sell shares at 19.71 yuan each, the firm told...

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