China's Baoxiniao To Raise CNY800 Million For New Stores
Chinese apparel maker and retailer Baoxiniao has announced plans to raise up to CNY800 million finance for the opening of 178 new stores by issuing new shares.
Chinese apparel maker and retailer Baoxiniao has announced plans to raise up to CNY800 million finance for the opening of 178 new stores by issuing new shares.
According to Che Jianxin, president and CEO of the Chinese home furnishing chain M Macalline, after an injection of USD1.5 billion capital from the U.S. private equity firm Warburg Pincus, the company is currently implementing…