(Bloomberg) -- China Construction Bank Corp. plans
to sell shares valued at $5.5 billion in what would be the
nation's biggest stock sale this year, responding to a government
call for large companies to raise funds at home.
China Construction, the nation's third-biggest bank, today
said it may sell 9 million shares in Shanghai. The company's Hong
Kong stock rose 3.3 percent to HK$4.69 yesterday. Also today,
China Cosco Holdings Co. announced plans to raise up to $1.98
billion in Shanghai.
Read more at Bloomberg Emerging Markets News
to sell shares valued at $5.5 billion in what would be the
nation's biggest stock sale this year, responding to a government
call for large companies to raise funds at home.
China Construction, the nation's third-biggest bank, today
said it may sell 9 million shares in Shanghai. The company's Hong
Kong stock rose 3.3 percent to HK$4.69 yesterday. Also today,
China Cosco Holdings Co. announced plans to raise up to $1.98
billion in Shanghai.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment