Ningbo Port plans to raise as much as US$1.9 billion on the Shanghai Stock Exchange, which will be used to build new coal and container terminals, the Shanghai Daily reported.

This planned initial public offering could become the second-largest IPO in the Shanghai market this year.
Ningbo Port plans to raise as much as US$1.9 billion on the Shanghai Stock Exchange, which will be used to build new coal and container terminals, the Shanghai Daily reported.

This planned initial public offering could become the second-largest IPO in the Shanghai market this year.