Help | Sitemap | Archive | Advanced Search | Mirror in USA   
  CHINA
  BUSINESS
  OPINION
  WORLD
  SCI-EDU
  SPORTS
  LIFE
  FEATURES
  PHOTO GALLERY

Message Board
Feedback
Voice of Readers
China Quiz
 China At a Glance
 Constitution of the PRC
 State Organs of the PRC
 CPC and State Leaders
 Chinese President Jiang Zemin
 White Papers of Chinese Government
 Selected Works of Deng Xiaoping
 English Websites in China
Help
About Us
SiteMap
Employment

U.S. Mirror
Japan Mirror
Tech-Net Mirror
Edu-Net Mirror


 
Wednesday, June 14, 2000, updated at 17:09(GMT+8)
Business  

China Unicom to Get Listed in HK

China Unicom started to raise capital by floating shares in Hong Kong from June 13 to June 16.

Its stocks will be listed in the United States and Hong Kong respectively on June 21 and 22.

China Unicom will issue a total of 2.459 billion shares with the highest fund raised reaching HK$39 billion. It will issue over 122 million shares in Hong Kong, accounting for 5 percent of the total shares issued. The price of each share will increase from HK$11.5-14.5 to HK$13.66-15.84.

China Unicom indicated that HK$31.5 billion of the fund raised would be used to improve the cellular network and the cover network. Another HK$4.07 billion will be used to expand the inland optical fiber key transmission and data networks and develop internet services. The remaining funds will be spent on general business operation.




In This Section
 

China Unicom started to raise capital by floating shares in Hong Kong from June 13 to June 16.

Advanced Search


 


 


Copyright by People's Daily Online, all right reserved