(Bloomberg) -- PetroChina Co., the country's biggest
oil company, plans to sell as many as 4 billion shares in
Shanghai, which may raise 43 billion yuan ($5.6 billion), based
on the company's share price in Hong Kong.
The proceeds of the Shanghai listing will be used to expand
the company's petroleum and gas businesses, PetroChina said in a
statement published in Hong Kong's South China Morning Post
newspaper today.
Read more at Bloomberg Energy News
oil company, plans to sell as many as 4 billion shares in
Shanghai, which may raise 43 billion yuan ($5.6 billion), based
on the company's share price in Hong Kong.
The proceeds of the Shanghai listing will be used to expand
the company's petroleum and gas businesses, PetroChina said in a
statement published in Hong Kong's South China Morning Post
newspaper today.
Read more at Bloomberg Energy News
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