Related News
Home » Business » Real Estate
China State Construction gets IPO approval
Source: Xinhua |
July 11, 2009, Saturday
|
Online Edition
Online Edition
China State Construction Engineering Corporation (CSCEC), China's construction and real estate giant, has obtained regulator approval to get listed in Shanghai stock market.
The China Securities Journal reported Saturday that the CSCEC would become the fifth company to start initial public offering (IPO) on the Chinese mainland since the China Securities Regulatory Commission (CSRC) resumed IPO last month.
The prospectus would be published on Monday. The company planned to issue 12 billion shares, raising 42.6 billion yuan (US$6.26 billion), the largest flotation among the five, said the newspaper.
The CSCEC is China's largest home builder, with business ranging from housing construction, international project contracting, real estate developing, and infrastructure building.
The China Securities Journal reported Saturday that the CSCEC would become the fifth company to start initial public offering (IPO) on the Chinese mainland since the China Securities Regulatory Commission (CSRC) resumed IPO last month.
The prospectus would be published on Monday. The company planned to issue 12 billion shares, raising 42.6 billion yuan (US$6.26 billion), the largest flotation among the five, said the newspaper.
The CSCEC is China's largest home builder, with business ranging from housing construction, international project contracting, real estate developing, and infrastructure building.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
