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Air China fixes price range for its debut on Shanghai Stock Exchange

Beijing, China - Less 3-10% compared to Hong Kong

Price range for Air China’s IPO on Shanghai market was fixed at less 3-10% compared to the airline’s current quotations in Hong Kong. The offer on Chinese continental market should be worth up to USD 1bn (8 billion yuan). The carrier, that should arrive at Chinese business capital’s list on August 22, is penalized by sentiment worsening to the sector, connected to energetic costs rise, while IPO c...

AVIONEWS - World Aeronautical Press Agency - 146365

AVIONEWS - World Aeronautical Press Agency
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