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20 October 2020 The on-line newspaper devoted to the world of transports 04:50 GMT+2



February 11, 2003

Sinotrans allocates 30% of IPO to retail investors

(XIAO GUO)
China Daily

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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