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Rongsheng Completes Third Largest IPO in HK

Maritime Activity Reports, Inc.

November 15, 2010

According to a report from Finance Asia, the Chinese shipbuilder, Rongsheng Heavy Industries, raised $1.8b after pricing in the lower half of the range, in what was also Hong Kong’s third largest initial share offering this year after AIA Group and Agricultural Bank of China.

(Source: Finance Asia)

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