Yangzijiang Opens Door for Chinese Firms in Taiwan
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)