From The Financial Times:<\/p>\n
At least seven Chinese shipbuilders are planning share offerings, underlining China’s efforts to build up its domestic fleet and branch out into the construction of more advanced vessels.<\/p>\n
The largest of the anticipated initial public offerings is likely to come from state-owned China Shipbuilding Industry Corporation (CSIC) <\/a>, which wants to raise about $900m on the Chinese mainland A-share market, according to bankers familiar with the situation. The other major state-owned shipbuilder, China State Shipbuilding Corporation (CSSC) <\/a>, is considering a share sale in Hong Kong. The companies refused to comment. [Full Text] <\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"