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Dalian Port kicks off pre-marketing for Shanghai IPO

Dalian Port kicks off pre-marketing for Shanghai IPO

Write: Yardley [2011-05-20]

SHANGHAI - Dalian Port plans to kick off pre-marketing for its initial public offering in Shanghai next week after it reduced the size of the offer amid volatile market conditions.

Dalian Port kicks off pre-marketing for Shanghai IPOMSN China, Sina link up

It expects to announce the indicative price range for the IPO by Nov 19 and the final pricing is expected by Nov 24.

Dalian Port will seek to list on the Shanghai Stock Exchange as soon as possible after the final pricing, it said.

Citic Securities is the main underwriter for the IPO.