Tiangong launches HK$890m share sale

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Tiangong launches HK$890m share sale

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Metal profiles and tubes. Different stainless steel products. 3d illustration | Maksym Yemelyanov - stock.adobe.com

Tiangong International, a China-based steel producer, is selling up to HK$890m in new shares through a top-up placement, according to a term sheet seen by GlobalCapital Asia.

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