BEIJING (AFX-ASIA) – The long-awaited initial public offering (IPO) of the Yangtze Electric Power Corporation (YEPC), which was expected this fall has been delayed due to weak conditions on the domestic stock market, state press reported. The China Securities Regulatory Commission forced the company to postpone the stock issue because the market is already under…
CHINA: Yangtze Power delays IPO, may need to wait until next year Ð reports
Posted on October 8, 2003 by EnergyAsia