Chinese IPO

China Communications Construction sets range for downsized IPO

The company sets the price range for its IPO at Rmb5 to Rmb5.4 a share and will kick off an accelerated two-day bookbuilding today.
<div style="text-align: left;"> The Sutong bridge over the Yangtze river, one of CCC's landmark projects </div>
<div style="text-align: left;"> The Sutong bridge over the Yangtze river, one of CCC's landmark projects </div>
February 14, 2012

China Communications Construction (CCC) has set the indicated price range for its planned Rmb5 billion ($791 million) Shanghai initial public offering and kicks off an accelerated two-day bookbuilding today.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media