Minsheng Bank to pocket $3 billion from Shanghai placement

Minsheng shows hunger for cash again after raising $4 billion in a Hong Kong IPO in 2009, and Sinovel Wind raises $1.4 billion after pricing its Shanghai IPO at the top of the range.

Despite mixed forecasts for China’s stockmarkets in 2011 and ongoing concerns about the government’s monetary tightening policies, fundraising activities in the A-share market are showing signs of heating up.

¬ Haymarket Media Limited. All rights reserved.

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