Shandong International Transportation Corp (SITC)’s planned floatation in Hong Kong looks to have grown even larger than originally anticipated.
Just a few weeks ago reports suggested it has slashed the amount it was seeking through the initial public offering (IPO), the private containership owner has now topped its best previous estimate.
Reports indicate that the Qingdao-based outfit is eyeing HKD 4.08bn ($525.27m)
