Zhonggu Logistics commences IPO on Shanghai Stock Exchange

Chinese domestic container operator Zhonggu Logistics has commenced an initial public offering (IPO) on the Shanghai Stock Exchange today. The company announced the IPO plan in May last year, after terminating its listing on the National Equities Exchange and Quotations (NEEQ). The company is looking to issue 66.67m shares to raise around RMB1.5bn ($220m) from the …

splash247