SHANGHAI, June 8 (Reuters) - Nanning Baling Technology Co has become the first company in the 20-year history of the Chinese stock market to scrap its initial public offering after the formal launch after failing to draw sufficient interest from institutional investors, state media reported on Wednesday.
The small auto ventilator producer, which planned to issue 18.9 million shares on the Shenzhen Stock Exchange to raise about 300 million yuan ($46 million), failed to attract ...
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