Chinese airplane maker to seek IPO - newspaper

Newswire

BEIJING, June 25 (Reuters) - China Aviation Industry Corp II, one of the country's top military contractors, plans to list shares in Hong Kong in the "near future", the China Daily Business Weekly said on Tuesday. The landmark listing would make the company, also known as AVIC II, the first of China's major military conglomerates to issue public shares, the newspaper said. The listing plan calls for grouping major assets under a new shareholding company that would be created within two ...

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