Article: 4 SECURITIES BROKERS IPOS STEP FORWARD, 1 HALTED


AsiaInfo Services
04-21-2008
4 Securities Brokers IPOs Step Forward, 1 Halted

BEIJING, Apr 21, 2008 (SinoCast via COMTEX) -- In the week ending April 27, 2008, four securities brokers' listings are expected to make a great step forward, while one broker's IPO hit a roadblock due to stake purchase in another securities broker.

The four brokers are China Merchants Securities Co., Ltd., Orient Securities Co., Ltd., Everbright Securities Co., Ltd., and Western Securities Co., Ltd.

Their listings are expected to be under discussion during a meeting within the Department of Public Offering Supervision under the China Securities Regulatory Commission (CSRC), the nation's securities watchdog. If the ...

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