USEUROPEAFRICAASIA 中文双语Français
Home / Business

Business bites

China Daily | Updated: 2009-03-11 08:00

CSG listing plans

China Southern Power Grid, the smaller of the two Chinese electricity transmission companies, is transforming itself into a joint stock company in preparation for an eventual public listing, President Yuan Maozhen said yesterday. "We will put all the assets of our core businesses into the shareholding company," Yuan said. The total assets of the company are currently valued at around 300 billion yuan. The firm has completed the plan of joint stock transformation, Yuan said. But he is not sure when and where the company would launch its initial public offering, as it is still awaiting government approval.

Exim bank new loans

Business bites

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US