People's Daily Online Intends to List on Shanghai Exchange

By Caixin
Published: 2011-01-05

People's Daily Online Co. Ltd., the operator of the People's Daily website, has filed for an initial public offering on the Shanghai Stock Exchange. According to a report in Wednesday's People's Daily, the company plans to raise around RMB 800 million by selling 40 million A-shares at between 15 and 20 yuan per share.

 

Source
Caixin

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