Beijing Capital parent plans $4 billion IPO-paper
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Beijing Capital parent plans $4 billion IPO-paper

Beijing-based Capital Group is planning an overseas listing to raise $4 billion in the next two to three years.

The Group wants to become an influential infrastructure conglomerate both ay home and abroad.

Capital Group is eyeing annual sales of 10 billion yuan ($1.21 billion) and a net profit of one billion yuan within three years.

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