Finance: Stock market to witness five IPOs
(Xinhua)
Updated: 2006-07-18 15:01
Five mainland companies -- Hengdiandongci, Baoli Property, Tianyuan Science
and Technology, Weiertai and Daqin Railway -- will start their IPO (Initial
Public Offering) this week.
Their shares will be sold on China's two
stock exchanges, Shanghai Stock Exchange and Shenzhen Stock Exchange, to public
investors this week.
Daqin Railway Co., the largest of the five, said it
plans to raise 14 billion yuan (1.75 billion U.S. dollars) through its A-share
IPO.
(For more biz stories, please visit Industry Updates)
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