Galaxy Securities to double IPO size as stocks gain
Updated: 2013-01-08 14:37
(China Daily)
|
|||||||||
China Galaxy Securities Co may seek as much as $1.9 billion in an initial public offering in Hong Kong and Shanghai, almost doubling an earlier target, after Chinese stocks rallied from a four-year low, two insiders have said.
The Beijing-based brokerage has submitted applications to regulators in Hong Kong and China and may start the IPO in the second quarter, said the two sources, who asked not to be identified because the plan is private.
China Daily - Agencies
More reports on China Galaxy Securities Co
Galaxy close to completion of restructuring
Galaxy Securities offers 10m shares to Huashi AMC
- IPO market expected to pick up in 2013: PwC
- China's IPO activity loses momentum in 2012
- Chinese investors hope for better in 2013
- Xinhuanet applies for IPO
- IPOs forecast to rise in 2013
- Mainland firms cash in on Hong Kong IPOs
- Verification starts for IPOs on mainland market
- IPO markets in HK, mainland challenged
Li Na on Time cover, makes influential 100 list
FBI releases photos of 2 Boston bombings suspects
World's wackiest hairstyles
Sandstorms strike Northwest China
Never-seen photos of Madonna on display
H7N9 outbreak linked to waterfowl migration
Dozens feared dead in Texas plant blast
Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
|
|
