China's asset manager giant to raise 10 bln yuan before IPO

​China Orient Asset Management Corp. (COAMC), one of China's four largest asset managers that specializes in bad loans, said on Thursday that it will raise 10 billion yuan (1.53 billion U.S. dollars) ahead of its initial public offering (IPO).

Xinhua News Agency

Xinhua News Agency

9 Years ago

Economy billion COAMC yuan company four