China’s top shipping group, China Ocean Shipping (Group) Co. (COSCO), plans to float its container shipping arm, the world’s seventh largest, in a Hong Kong IPO that is expected to raise more than US$1 billion. Hong Kong-listed COSCO Pacific Ltd., which leases shipping containers and operates terminals, said Friday its sister firm China COSCO Holdings Co. had submitted paperwork to the stock exchange to list its H shares.
Green Marine
about 21 years ago
COSCO seeks HK IPO for container shipping arm
China’s top shipping group, China Ocean Shipping (Group) Co. (COSCO), plans to float its container shipping arm, the world’s seventh largest, in a Hong Kong IPO that is expected to raise more than US$1 billion. Hong Kong-listed COSCO Pacific Ltd., which leases shipping containers and operates termin
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