Chinese IPO

China Communications Construction sets range for downsized IPO

The company sets the price range for its IPO at Rmb5 to Rmb5.4 a share and will kick off an accelerated two-day bookbuilding today.
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The Sutong bridge over the Yangtze river, one of CCC's landmark projects
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<div style="text-align: left;"> The Sutong bridge over the Yangtze river, one of CCC's landmark projects </div>

China Communications Construction (CCC) has set the indicated price range for its planned Rmb5 billion ($791 million) Shanghai initial public offering and kicks off an accelerated two-day bookbuilding today.

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