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China's AVIC I Commercial Aircraft appoints Citibank as IPO advisor - report

Analysis

Beijing (XFN-ASIA) - AVIC I Commercial Aircraft Co Ltd, a unit

of China Aviation Industry Corp I (AVIC I), has appointed Citibank as advisor

for its planned overseas initial public offering (IPO), the 21st Century Business

Herald reported, citing AVIC I's aircraft division director Wang Yawei.

Citibank is drawing up the IPO plan for AVIC I Commercial Aircraft,

Wang said.

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