China: Great Wall indicates IPO price range

Great Wall Motor has indicated that its proposed IPO on the Shanghai Stock Exchange will be at an indicative share price range of Yuan 13-14 (US$2.0-2.2), with 304.2 million shares offered. This would raise between Yuan 3.96bn and Yuan 4.26bn in total, significantly more than the total of Yuan 3.17bn Subscribe to Automotive World to … Continued

• By Webmaster
• September 16, 2011