China’s Guodong Group nets $170m in pre-IPO round from Morgan Stanley, CICC, others

China’s Guodong Group nets $170m in pre-IPO round from Morgan Stanley, CICC, others

China’s leading communication infrastructure services provider Guodong Group said on January 29 that it has raked in 1.1 billion yuan ($170 million) in a pre-IPO round to advance national new infrastructure.