China's Jinhong Gas seeks to raise $265m in STAR Market

China's Jinhong Gas seeks to raise $265m in STAR Market

IPO

Chinese gas solutions developer Suzhou Jinhong Gas Co Ltd is seeking to raise as much as 1.87 billion yuan ($265 million) in an initial public offering (IPO) on the Nasdaq-style STAR Market of the Shanghai Stock Exchange (SSE).