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Tsingtao Beer goes public inHong Kongin June, initiating the H-share category. The company raised HK$85.2 billion ($10.99 billion) and was oversubscribed 110 times. This marks Hong Kong's emergence an offshore IPO center for Chinese companies.
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Tsingdao Beer for sale in a supermarket in Rizhao, Shandong province, Jul 29, 2014. [Photo/IC] |
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