Another IPO offer is provided by a Chinese aluminum manufacturer, XinRen Aluminum Holdings is entering for trade initial public offering from 27 October 2010.
The widening demand for aluminium in China is attracting small and medium investors to buy shares.
With a total of 186 million shares for large institutional investors and 12 million will be for smaller retail investors is allotted at a price of 55 cents each. Over-allotment choice is available for another 30 million shares in focus of Read more...
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