China to Issue First B Share in a Year

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Friday, June 09, 2000, updated at 19:59(GMT+8)

Business

China to Issue First B Share in a Year

The Foshan Huaxin Package Co., LTD in south China's Guangdong Province will issue B shares this month. This will be the first domestic enterprise to issue B shares to overseas investors since last June.

The packaging material producer is offering 130 million B shares at 1.6 - 1.8 yuan per share.

The last B shares were issued by the Huangshi Dongbei Electrical Appliance Co., Ltd. from Hubei Province in central China in June last year.

There are currently 106 B share stocks listed in China's Shanghai and Shenzhen stock exchanges.


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	The Foshan Huaxin Package Co., LTD in south China's Guangdong Province will issue B shares this month. This will be the first domestic enterprise to issue B shares to overseas investors since last June.




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