+ Sources say that
the IPO review of Western Securities has been completed, and that the China
Securities Regulatory Commission (CSRC) will grant the approval soon.
+
Western Securities plans to issue a maximum of 200
million shares, with an issue price of CNY 11.88 per share, with the goal of
raising CNY 2.38 billion.
Trading Comparable
Other News Headlines:
n Profit of Industrial Enterprises Fell 5.2% YoY in Jan-Feb 2012
n Mengniu Dairy: Net Profit Increases 28.4% to CNY 1.59 Billion in 2011
n GOME: Net Profit Drops 6.2% YoY to CNY 1.84 Billion in 2011
n Western Securities’ IPO Review Completed
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