(EnergyAsia, July 9 2012, Monday) — Chinese coal miner Inner Mongolia Yitai Coal Co’s Hong Kong initial public offering raised just over HK$6.99 billion or US$902 million, less than 19% what it might have achieved in more bullish times. (US$1=HK7.76). Despite being Hong Kong’s second largest stock offering this year, the sale of 162.7 million shares…
CHINA: Yital Coal raised HK$7 billion in Hong Kong IPO
Posted on July 9, 2012 by EnergyAsia