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Qunxing Paper’s IPO in Hong Kong successful

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Published in issue 42/2007
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At the beginning of October Shandong Qunxing Paper Industry Co.’s initial public offering took place at the Hong Kong Stock Exchange. Just one day after the Chinese group had placed 300m shares at the exchange – the retail tranche had been 900 times oversubscribed –, the price of the share surged as much as 90% ...

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