SHANGHAI (AFX-ASIA) – The institutional tranche of China Yangtze Power Co Ltd’s 9.8 billion yuan A-share offer was 84 times oversubscribed, the China Securities Journal reported. That follows news that the retail tranche was 68.7 times oversubscribed. Citing unnamed sources, the newspaper said that the institutional portion, which accounts for 45% of the offer of…
CHINA: Yangtze Power institutional tranche 84 times oversubscribed Ð report
Posted on November 13, 2003 by EnergyAsia