- China's GDB to Issue 50Bln Yuan Sub Debt in 2010
The 50 billion yuan sub debt issuance is part of its management planning for the year 2010-2012, aiming to replenish capital and push forward the process of its planned listing on a stock exchange.
- Xinhuanet's IPO Approved
Chinese government yesterday has approved the initial public offering of Xinhuanet.com.cn, one of the ten official websites that plan to go public.
- Everbright Bank Soars on Debut in Shanghai
China Everbright Bank soared on its Shanghai stock market debut Wednesday in the mainland’s second-largest initial public offering that hopes to raise 18.9 billion yuan.
- China Angang Steel H1 Net Profit Rises 276Pct
China’s leading steelmaker Angang Steel Co., (000898.SZ/00347.HK) said Tuesday its net profit for the first half year rose 275.94 percent to 2.75 billion yuan from a year earlier