Renhe kicks off its $540 million IPO and immediately runs into a tough
challenge as US lawmakers reject the $700 billion bailout package.
Gintech postpones its $150 million GDR for now. After three weeks of
investor education and pre-marketing, Renhe Commercial Holdings
yesterday finally took the plunge and launched the institutional
portion of its initial public offering with the aim to start trading in
Hong Kong on October 15.
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