Yangzijiang Opens Door for Chinese Firms in Taiwan

Tuesday, September 07, 2010

According to a September 5 report from FinanceAsia.com, Yangzijiang Shipbuilding Holdings will become the first mainland Chinese company to list in Taiwan following a sale of Taiwan depositary receipts (TDRs) that saw it raise $141m. The deal sent the stock 6% higher during the share sale.

(Source: FinanceAsia.com)

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