China Ting launches IPO

OEM silk manufacturer sets out to raise at least $115 million.

Capping a busy month for lead manager BNP Peregrine Paribas, the bank has launched a $115 million to $140 million IPO for OEM silk manufacturer China Ting. Pre-shoe the company will have a free-float of 25.13% based on an offer size of 500 million shares.

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