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China Flooring Comes Up Short in IPO

WFB Editors
May 23, 2011

China Flooring raised $142 million Friday during its IPO, according to FinanceAsia. The company had hoped to raise $202 million. The company sold shares near the low end of its intended range, and the IPO makes the company the first to list in Hong Kong, where there are no comparable companies to compete with.

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