China to Issue First B Share in a YearThe 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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