Baosteel to Go Public on Dec. 12

Shanghai Baoshan Iron & Steel Co., Ltd. will be listed on December 12. Its stock code is 600019 and issue price is 4.18 yuan per share.

As the largest ever share offer on China's securities market, Baoshan Iron & Steel has drawn wide attention.

450 million shares will become tradable this time, accounting for 23.97% of the 1877 million tradable shares. Its total capital stock is 12.512 billion shares.(Panorama)






People's Daily Online --- http://english.peopledaily.com.cn/