IN BRIEF (Page 10)
China Daily | Updated: 2008-03-01 07:29
Developer gets nod
China Securities Regulatory Commission on Friday approved the initial public offering of Hangzhou-based Binjiang Real Estate Group Co Ltd. It is the first real estate developer to have won government approval for an IPO since last October.
Binjiang Real Estate plans to raise no more than 1.5 billion yuan by issuing 60 million shares at the Shenzhen Stock Exchange.
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