china-hotel china-hotels
Home China Global
Info Center
Destinations Flight Comparison Community guangzhou-hotels
My Account
canton-fair-hotel
Records-breaking IPOs in September
Update: 9/29/2007 11:38:00 AM Source: China Daily

 

    BEIJING, Sept. 29 -- Initial public offerings (IPO) in China's stock markets recorded a total capital of almost 150 billion yuan (20.0 billion U.S. dollars) in September alone, according to Friday's China Securities News.

    A total of 15 new shares were added to the list this month, raising approximately 150 billion yuan in A-share blue chips such as China Construction Bank (CCB) and China Shenhua Energy.

    Before September, Industrial and Commercial Bank of China held the record, having raised 46.64 billion yuan (6.21 billion dollars) from its IPO.

    However, CCB, the nation's second largest State-owned commercial lender, raised a record-breaking 58 billion yuan (7.7 billion dollars) for domestic IPOs Tuesday this week.

    Directly following, China Shenhua, the largest Chinese coal producer, upped the record to 66.58 billion yuan (8.9 billion dollars) from its Shanghai IPO. 

    The September IPO accounted for half of funds raised in IPOs since the beginning of this year, and also exceeded the annual IPOs before 2006.

    Meanwhile, the upper limit of Shenhua's IPO price posted 36.99 yuan per share, breaking the previous record of UFIDA Software Co Ltd's offering price at 36.68 yuan.



Editor: canton fair


Canton Fair Hotel Special  Hong Kong Hotel Deals  Compare and Reserve International Flights

canton-fair-hotel

Related News

  • Experts,media welcome Mattel's clarification of recalls of Chinese toys
  • Foreign, private companies top output
  • Central bank: China likely to raise lending costs higher
  • China approves Nasdaq to open representative office in Beijing
  • China Focus: Chinese toy producer in dead end after Mattel recall
  • Canton Fair Hotels | Canton Fair Hotel | Canton Fair Review | Canton Fair 2011 | 109th Canton Fair | China Hotels Review | Canton Fair
    Site Map | About Us | Terms and Conditions | Privacy | Communities | Contact Us | Links
    Foire de Canton Hôtels Chine | La Feria de CANTÓN Hoteles | Übersicht Kanton-Messe Hotels | Fiera di Canton Hotel Cina | Feira de Canton Hotéis
    Canton Fair 2011 | Shanghai Hotels | Guangzhou Hotels | Shenzhen Hotels | Dongguan Hotels | Beijing Hotels | China Hotels | China Accommodation
    Hangzhou Hotel | Shanghai Hotel | Guangzhou Hotel | Shenzhen Hotel | Dongguan Hotel | Beijing Hotel | Canton Fair | XiAn Hotel | Qingdao Hotel
    Hong Kong Hotels | Taipei Hotels | Tokyo Hotels | Los Angeles Hotels | Las Vegas Hotels | New York Hotels | HongKong Hotels | Frankfurt Hotels
    Copyright@2011, WenTrip.com. All Rights Reserved.