Asia Pacific > Tianjin Climate Exchange seeks capital expansion to balance losses

Tianjin Climate Exchange seeks capital expansion to balance losses

Published 10:45 on November 24, 2017  /  Last updated at 19:00 on November 24, 2017  / /  Asia Pacific, China

The Tianjin Climate Exchange, which hosts one of China’s pilot emissions trading schemes, is increasing its shares by 43.82% in the hope of attracting $11.8 million from a new investor to expand its registered capital and inject cash into its loss-making business, according to a tender published Friday.
The Tianjin Climate Exchange, which hosts one of China’s pilot emissions trading schemes, is increasing its shares by 43.82% in the hope of attracting $11.8 million from a new investor to expand its registered capital and inject cash into its loss-making business, according to a tender published Friday.


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