December 19, 2017 / 1:16 AM / 6 months ago

BRIEF-Shanghai Ace Investment & Development sets pricing for Shanghai IPO

* SAYS IT AIMS TO RAISE UP TO 347.8 MILLION YUAN ($52.58 million) AT 10.54 YUAN PER SHARE FOR ITS INITIAL SHANGHAI SHARE OFFERING Source text in Chinese: bit.ly/2CD0F25 ($1 = 6.6150 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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