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28 Jun
11:38

Zhaogang targets Hong Kong IPO

Major Chinese online steel trading platform Zhaogang submitted it's prospectus to the Hong Kong Exchange on 26 June. The company has not set a target date for its listing nor has it yet revealed its plans for after it is listed, Kallanish notes. The company has grown to be one of the dominant players on the domestic Chinese online steel markets, taking a 30.6% market share in 2017. It has also attempted to expand overseas but with less su…
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