* Listing date Jan 27 * Offer for 1.6 billion shrs in HK$9.10-$12.50 range * IPO key step in RUSAL fundraising drive (Adds details of cornerstone investors, underwriters) HONG KONG, Dec 31 - Russia's UC...
* To raise 6.7 bln yuan after pricing IPO at top of range * IPO attracted 393 billion yuan in subscriptions * Price is 45 times 2008 earnings, higher than chief rivals * Authorities pick...
China CNR, the state-owned train maker, announced Friday it plans to raise 13.9 billion yuan ($2.04 billion) in its IPO in Shanghai, joining a rush to tap into China’s buoyant stock market. CNR plans to raise 12.5 billion to 13.9 billion yuan with its IPO, with A-shares worth 2.5 billion yuan s...
China First Heavy Industries (CFHI)'s IPO application was approved by the Chinese government Wednesday, indicating the company will soon be available to boost its research and development on equipment in nuclear power systems, steel-making and overall company's expansion next year. CFHI's IPO pro...
* Three Chinese companies seek $75-125 mln each in U.S. IPOs * Nasdaq-listed ChinaEdu mulls China listing for unit BEIJING, Dec 14 - A Chinese IT outsourcing company and an optical components maker are aiming...
China Shipbuilding Industry (CSIC), China's largest ship maker, announced Wednesday it has raised 14.7 billion yuan ($2.2 billion) from the company's initial public offering (IPO) in Shanghai to boost productivity on marine engines and reduce its reliance on those from South Korea. According to a...
China Longyuan Power Group Corp<0916>, the largest wind power project developer in Asia, raised HK$17.14 billion from an initial public offering in Hong Kong, becoming the world's eighth-largest IPO so far this year, sources reported. The company, which is scheduled to list on the Hong Kong Stock Exchange...
China Pacific Insurance, the country's third-largest life insurer, plans to raise up to HK$28.3 billion ($3.6 billion) in an IPO in Hong Kong, a source close to the deal said Sunday. Shanghai-listed China Pacific, part-owned by US private equity firm Carlyle Group, is selling 939.6 million shares...
Agricultural Bank of China, the nation's third-largest lender by assets, said that it has not yet selected any investment banks to underwrite its planned initial public offering, sources reported.The clarification statement came after reports that the bank has hired investment banks to arrange its IPO.ABC Chairman...
PCD Stores, one of the leading high-end department store chains in China, today kicked off a road show for an initial public offering in Hong Kong, aiming to raise up to HK$3 billion, sources reported.The company plans to sell 1.5 billion shares, equivalent to 37.5% of its enlarged share capital, via the IPO, said...
