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Green light for Air China's Ipo on the Shanghai stock market

Shanghai, China - 2.7 billion shares will be issued

China Securities Regulatory Commission (CSRC) said it has approved Air China’s plans for an initial public offering (IPO) on the Shanghai stock market. Air China has applied to issue up to 2.7 bn of shares. The airline is one of China’s three leading carriers, along with China Eastern Airlines Corp and China Southern Airlines. All the three airlines are taking advantage by the strong increase of the...

AVIONEWS - World Aeronautical Press Agency - 145746
Rome, Italy, 07/26/2006 19:06
AVIONEWS - World Aeronautical Press Agency

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