Jinxi Steel shortlists banks for IPO

The company hopes to become the fourth Chinese steel producer to list on the Hong Kong Stock Exchange.
April 11, 2003

One of China's new, aggressive, privately-owned steel companies is hoping to list on the HKSE by the end of the year. And in what is believed to mark a first for the exchange, Jinxi Steel will rank as the only former SOE (State Owned Enterprise), which has been subject to an MBO (Management Buy-Out).

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