国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Large SOEs to focus on domestic stock market

By Zhao Huanxin (China Daily)
Updated: 2006-12-20 09:09

The stock market's bull run has certainly not gone unnoticed by large State-owned enterprises (SOEs) which for the first time in more than a decade will focus on raising capital domestically rather than overseas.

Related readings:
 Profit of central SOEs rises 18.9 pct
 Nation lists sectors critical to national economy
 More SOEs inducting independent directors
 China to approve bankruptcy of over 500 SOEs

SOEs now have a wider choice of listing markets; and more SOEs listed overseas will return to the mainland market, Li Rongrong, chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said yesterday.

At the same time, SASAC will try its best to make sure that listed SOEs will live up to the expectations of investors at home and abroad.

Li did not specify how many large SOEs will launch domestic initial public offerings (IPOs) this year but said he was "certain" that some overseas-listed SOEs will accelerate the pace of going public back home.

China Life Insurance, which is listed on the New York and Hong Kong stock exchanges, has won the approval of the securities regulator to issue shares on the Shanghai Stock Exchange next month.

The country's biggest life insurer is planning to raise as much as 25.5 billion yuan (US$3.23 billion), the second-largest public offering in the A-share market after Industrial and Commercial Bank of China (ICBC), the country's biggest lender.

In October, ICBC raised about US$21 billion in a dual listing in Hong Kong and Shanghai, where the offer was oversubscribed 25 times.

China's benchmark stock index rose 0.99 per cent to an all-time high last Thursday, following reforms in the capital market and inflows of funds from local and foreign investors.

The situation has prompted many to think that for the first time in a decade, the stock market is able to reflect the booming economy.
12  

(For more biz stories, please visit Industry Updates)



通州区| 桦川县| 隆回县| 连城县| 呈贡县| 广水市| 伊金霍洛旗| 霍州市| 连州市| 平谷区| 浮梁县| 大城县| 修水县| 佛冈县| 神池县| 虹口区| 太湖县| 贡觉县| 江达县| 呼图壁县| 荥经县| 景洪市| 留坝县| 文水县| 文成县| 和顺县| 五河县| 海城市| 辽源市| 济南市| 沭阳县| 曲周县| 永济市| 镇原县| 海丰县| 通江县| 巨野县| 呼伦贝尔市| 廊坊市| 寿阳县| 永胜县|