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Sovereign Wealth Funds Briefing - Categorized | Investment

Hopu, Temasek eye $1 bln China iron ore IPO

Posted on 21 July 2009

From Forbes: Chinese iron ore miner Lung Ming, partly invested by private equity firm Hopu and Singapore’s state investor Temasek, plans to list shares in Hong Kong this year to raise up to $1 billion, sources with direct knowledge of the plan said.
f successful, Lung Ming’s IPO would be the first investment exit for Hopu, an influential China-focused private equity firm run by top Chinese dealmaker Fang Fenglei, who helped Goldman Sachs set up its China investment banking joint venture……..Full Article: Source


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