PetroChina Launches Huge IPO In Shanghai – Reuters

From Reuters:

PetroChina, the country’s largest oil and gas producer, said on Sunday it was launching an initial public offer of shares in Shanghai that may be China’s largest, raising more than US$9 billion.

Consultations with investors on pricing will start on Monday and subscriptions will be taken on Thursday and Friday. Funds will be returned to unsuccessful applicants on Oct. 30 and 31, the company said.

PetroChina did not say when it would list in Shanghai, but listings generally occur within about ten days of the completion of IPOs. [Full Text]

Categories :

Tags :,


Subscribe to CDT


Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.