BIZCHINA / Biz Media Digest

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.


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