Announcement

Tuesday, January 4, 2011

China Sinovel wind to raise up to USD 1 billion in Shanghai IPO

Reuters reported that Sinovel Wind, China largest wind turbine producer will raise up to CNY 9.46 billion through an initial public offering in Shanghai after setting an IPO range at CNY 80 to CNY 90.

Sinovel is selling up to 105.1 million shares with the proceeds being used to build more

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