Cement News tagged under: China National Building Material
CNBM seeks CNY15bn listing, China04 April 2012, Published under Cement NewsChina National Building Material (CNBM) China National Building Material (CNBM), hopes to list in Shanghai this year, according to local press reports. The company hopes to raise CNY15bn from its Shanghai A-share listing, said Nomura analyst Luo Yang, but cautioned: "They are too optimistic. CNY10bn should be the maximum, given the market." The state-owned firm has applied to the China Securities Regulatory Commission for an A-share listing in Shanghai and is awaiting its approval, sa... |
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