Thursday, November 22, 2007

State Council clears China Telecom, China Shenhua A-shares issues

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BIZCHINA / Finance

State Council clears China Telecom, China Shenhua A-shares issues

By ()
Updated: 2007-06-21 11:14

China Telecom Corp Ltd and China Shenhua Energy Co Ltd have become the
latest Hong Kong-listed firms to have their A-share issue plans cleared
by the State Council.

PetroChina said it is applying to mainland regulators to sell up to four
billion A-shares through an initial public offering in Shanghai, while
last week, China Construction Bank said it planned to issue up to nine
billion A-shares for listing on the Shanghai stock exchange.

(For more biz stories, please visit Industry Updates)

20071123 Extracted from http://www.hellomandarin.net

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