Galaxy Securities eyes IPO application

Galaxy Securities is aiming to apply to issue shares on a domestic exchange in the second half of 2007, said a source Wednesday.

Huiyuan HK IPO sees strong demand

China Huiyuan Juice Group kicked off its HK$2.8 billion five-day initial public offering yesterday, with strong demand from investors.

China Vanke Co and China Aviation Industry Corp I agreed to set up a 1 billion yuan property development venture.

Barclays Bank said yesterday that China's beer and supermarkets will be the most attractive investment sectors in 2007.

Chongqing City Commercial Bank plans to raise as much as US$300 million from a Hong Kong initial public offering (IPO) in 2008.

Domestic banks are tightening supervision on loans, particularly mortgages, to prevent money from being diverted to the stock market.

It is just like a railway station during a festival - as the public address system beams out "Don't rush. Don't rush. Please do not rush."

China Minsheng Banking Corp plans to raise as much as 23.8 billion yuan (US$3.1 billion) selling shares to select investors.

Huadian Power International Corp posted an 8.7 percent gain in profit last year as economic growth spurred electricity consumption.

The Industrial and Commercial Bank of China and China Life are considered to join Hong Kong's benchmark stock index.

The lure of the country's stock market has never been so strong, and the current bull market is drawing in loads of new investors.

Industrial Bank saw its share price end the first day of trading lower than previous expectations amid weakness in the overall market.