Related News
Shanghai stocks stumble as IPOs start
Online Edition
SHANGHAI stocks tumbled with the benchmark Shanghai Composite Index losing nearly 2 percent today as concerns over liquidity was reignited ahead of the initial public offering subscriptions of five companies in the local market this week.
The Shanghai Composite Index dropped 1.7 percent to 2,289.87 points.
Zhejiang Wansheng, Jiangsu Province Communications Planning And Design Institute, Zhejiang Jiuzhou Pharmaceutical and Lanzhou LS Heavy Equipment will start the IPO subscription process on Wednesday, followed by Ningbo Orient Wires & Cables that will open for subscription on Thursday.
The new round of IPOs is expected to lock more than 600 billion yuan (US$97.62 billion) of funds in subscriptions.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
