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09 Nov
09:33

Ningbo Lygend passes HKEX listing hearing

China’s Ningbo Lygend Resources & Technology Co on Tuesday passed its listing hearing with the Hong Kong Stock Exchange (HKEX), the final step before its initial public offering (IPO), according to HKEX announcements. The company intended to raise $1 billion before, while some market players say the deal size is likely to be trimmed to $800 million, Kallanish hears. This has not been officially confirmed. The initial IPO application was submitted i…
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