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
Related Stories
IPO market expected to pick up in 2013: PwC 2013-01-08 11:27
China's IPO activity loses momentum in 2012 2013-01-08 09:22
Chinese investors hope for better in 2013 2013-01-01 09:26
Xinhuanet applies for IPO 2013-01-08 02:36
IPOs forecast to rise in 2013 2012-12-26 10:08
Mainland firms cash in on Hong Kong IPOs 2012-12-25 10:26
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|