Listing rings in media changes: Beijing Youth Daily

From China Daily: “The response was overwhelming for the Chinese mainland’s first media company to list on an international stock exchange.

The IPO of the Beijing Media Corp Ltd was covered 422 times after its flotation yesterday on the Hong Kong stock exchange, rising to 50 per cent from its original 10 per cent issue.

The first overseas flotation of a mainland paper on an international stock market has been hailed as a significant step to modernize China’s media industry. ”

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