China Three Gorges plans $3.5b IPO of unit in one of biggest listings in 2020

China Three Gorges plans $3.5b IPO of unit in one of biggest listings in 2020

Photo: Alessandro Stigliani/Unsplash

State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year.

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