Shanxi Govt Owned Bank Goes Public, Guess Who Buys First

Caixin: Jinshang Bank to Launch $435 Million Hong Kong IPO

Shanxi Qin New Energy Group Co., a coal miner in the Shanxi province, and state-owned investor Taiyuan Industrial Park Investment Holdings Co. each subscribed for $50 million of shares. Chen Xing Development Holdings Ltd., a Hong Kong-listed Shanxi property developer, subscribed for $22 million of shares.