qingdao port, an investment project of china everbright ltd. is listed on the hong kong stock exchange

business related 10 jun 2014

(6 june 2014) qingdao port international co., ltd, an investment project of china everbright ltd., announced its admission to trading on the main board of hong kong stock exchange (stock code: 6198.hk). the company issued 776 million of h shares and raised approximately hkd2.493 billion with an offering price of hkd3.76 per share. qingdao port officially enters the international capital market through this listing. on 15 nov 2013, qingdao port group together with china merchants group, cosco, china shipping (group) company, china everbright limited and qingdao international investment co., ltd jointly established qingdao port international co., ltd. 
 
as the seventh largest port in the world, the third largest foreign trading port in china, qingdao port provides port-related services, ranging from basic port services, such as stevedoring and storage services, to ancillary and extended services such as logistics services & financing-related services. in 2013, the turnover volume of qingdao port surpassed 450 million tons and 15.52 million teu.