(Bloomberg) -- China Cosco Holdings Co., operator
of Asia's largest container line, sold 15 billion yuan ($1.97
billion) of stock in Shanghai to buy new ships.
Investors bought 1.78 billion shares at 8.48 yuan each, the
top end of the price range, on June 18, the company said in a
Shanghai stock exchange statement today. The sale was the fourth
biggest in China this year, according to Bloomberg data.
Read more at Bloomberg Emerging Markets News
of Asia's largest container line, sold 15 billion yuan ($1.97
billion) of stock in Shanghai to buy new ships.
Investors bought 1.78 billion shares at 8.48 yuan each, the
top end of the price range, on June 18, the company said in a
Shanghai stock exchange statement today. The sale was the fourth
biggest in China this year, according to Bloomberg data.
Read more at Bloomberg Emerging Markets News
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