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

   

CITIC Securities eyes US$2.5b public offer

(Reuters)
Updated: 2007-06-05 08:55

CITIC Securities Co. , China's biggest listed brokerage, plans a public share offer that may raise around 19 billion yuan ($2.5 billion) to help boost its capital and expand its business.

The company said on Tuesday that it would issue up to 350 million new A shares, which would account for as much as 11 percent of its expanded share capital.

The shares will be sold at no less than their average market price over the 20 days before the release of the prospectus, and no less than their average price on the previous day. A date for the offer, which needs shareholder approval, was not set.

The shares closed in Shanghai on Monday at 54.07 yuan each, down 16 percent over the past four trading days because of a stock market plunge triggered by a hike in the stock trading tax.

CITIC Securities also said it would pay up to 400 million yuan to buy 35.725 percent of fund management company China Asset Management Co. from Southwest Securities Co.

The purchase will make CITIC Securities the largest shareholder in China Asset Management with 40.725 percent, the official China Securities Journal said. ($1= 7.648 Yuan)



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
张掖市| 包头市| 墨玉县| 广平县| 前郭尔| 宣威市| 郑州市| 杭锦旗| 囊谦县| 汕尾市| 木兰县| 宜君县| 黄石市| 密云县| 大英县| 德惠市| 射洪县| 九台市| 得荣县| 太仓市| 大新县| 西青区| 广水市| 桃园市| 兴化市| 夹江县| 平安县| 陈巴尔虎旗| 东乡| 都昌县| 江安县| 荃湾区| 太仓市| 临沭县| 定安县| 甘肃省| 浮山县| 甘南县| 平阴县| 方城县| 南江县|