Ningbo-Zhoushan to raise $1.6bn for port projects
Ningbo-Zhoushan Port Company plans to issue A-shares to Shanghai International Port Group (SIPG) and its parent company Ningbo-Zhoushan Port Group to fund port projects and repay bank loans. The share issuance will raise up to RMB11.2 billion ($1.6 billion) with RMB8.9 billion ($1.27...