CITIC-backed China National Gold Group looks to raise $139m in Shanghai IPO

CITIC-backed China National Gold Group looks to raise $139m in Shanghai IPO

Photo: Lauren Richmond / Unsplash

China National Gold Group Gold Jewellery Co.,Ltd, a subsidiary of state-owned China Gold Group, has filed a prospectus with The Stock Exchange of Shanghai looking to raise 898 million yuan ($139 million) in an initial public offering (IPO).