Sinotrans allocates 30% of IPO to retail investors
Chinese logistics giant Sinotrans Ltd will increase the initial
tranche of share sales for retail investors thanks to a vigorous
market response, a source close to the deal said yesterday.
Sinotrans will allocate 30 per cent of its US$436 million initial
public offering (IPO) to retail investors, up from 10 per cent
as originally planned,
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