Shaanxi Coal gets go-ahead for $2.7 bln Shanghai IPO

Aug. 29, 2011 11:04AM PST

Reuters Africa reported that Shaanxi Coal Industry has been approved for an initial public offering on the Shanghai exchange.

The market news is quoted as saying:

Shaanxi Coal will join Sinohydro Group, builder of the Three Gorges dam, in braving a volatile stock market to list on the Shanghai Stock Exchange.

coal investing public offering initial public offering