Two Chinese Companies to Make IPOsTwo Chinese companies are to make initial public offerings (IPOs) before listing on the Shanghai Stock Exchange, according to their prospectuses seen Thursday.The Sichuan Dikang Sci & Tech Pharmaceutical Industry Co., Ltd. based in Chengdu in southwest China will issue 50 million A shares at 10.25 yuan per share. The Henan Pinggao Electric Co., Ltd., a high-voltage switch producer based in Pingdingshan in central China's Henan Province will issue 60 million A shares at 12.45 yuan per share. |
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