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Business

Firm plans share offering

1
2015-07-06 09:03Global Times/Agencies Editor: Li Yan

Chinese firm CCCC Dredging, which analysts say is involved with China's island-building work in the South China Sea, has filed an application to list on the Hong Kong bourse.

The firm, which is being spun off by State-owned China Communications Construction Company (CCCC), is looking to raise about $800 million to $1 billion in the fourth quarter, IFR reported.

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