Metallurgical Corp of China seeks $2.5 billion from H-share IPO

MCC, the world's largest metallurgical engineering and construction firm, kicks off this year's largest Hong Kong IPO, while three more companies start pre-marketing.

Metallurgical Corporation of China MCC yesterday launched the formal roadshow for the H-share portion of an initial public offering that aims to raise a combined $5.3 billion and will result in a listing in both Hong Kong and Shanghai later this month. The company will start taking orders for the A-share portion today.

MCC is seeking up to HK$19.6 billion $2.5 billion from the H-share portion alone, which will make it the largest Hong Kong IPO since China Railway...

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