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Article: Ready to Be Listed in Hong Kong and the United States.(Brief Article)
- Article from:
- China Chemical Reporter
- Article date:
- June 6, 2000
CopyrightCOPYRIGHT 2000 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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China National Offshore Oil Corporation (CNOOC) has still failed after several attempts to get listed in Hong Kong and the United States. The company is, however, ready to go public in these two stock markets in the third quarter this year if market environment permits and the funding size will be 1.5 -2 billion U. S. dollars.
As is disclosed by Fu Yucheng, Managing Director of CNOOC, at a press conference of Lyon Securities Forum, the company is keeping a close watch at the market trends and plans to go public in the third quarter this year. In case the market is not as good as is expected to be at that time, the company will get listed in the first quarter next ...