Related News
Shaanxi Coal eyes 17.3b yuan IPO
By Richard Fu |
17:26 UTC+8 August 26, 2011
|
Online Edition
Online Edition
SHAANXI Coal Industry has applied to enter into an initial public offering in Shanghai to fund 17.3 billion yuan (US$2.7 billion) of spending.
The China Securities Regulatory Commission said it would review Shaanxi Coal's application next Monday, according to a statement on the commission's website today.
Shaanxi Coal has 10.5 billion tons of recoverable coal reserves, which would make it the third largest among listed coal producers in China, according to its listing prospectus.
Chinese coal miners are increasing capacity to meet demand from power stations, benefiting from rising prices.
The IPO's size could make it the largest on Chinese mainland since China Everbright Bank Co's IPO raised 18.9 billion yuan in August last year.
Sinohydro Group, China's biggest dam builder, also last month applied for a 17.3 billion yuan Shanghai IPO.
The China Securities Regulatory Commission said it would review Shaanxi Coal's application next Monday, according to a statement on the commission's website today.
Shaanxi Coal has 10.5 billion tons of recoverable coal reserves, which would make it the third largest among listed coal producers in China, according to its listing prospectus.
Chinese coal miners are increasing capacity to meet demand from power stations, benefiting from rising prices.
The IPO's size could make it the largest on Chinese mainland since China Everbright Bank Co's IPO raised 18.9 billion yuan in August last year.
Sinohydro Group, China's biggest dam builder, also last month applied for a 17.3 billion yuan Shanghai IPO.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
