Your-Mart float sees investor flood
By Bi Xiaoning | China Daily | Updated: 2009-07-09 08:00
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The Your-Mart logo at a company event in Beijing. With an issue price at 19.58 yuan per share, the retailer could raise about 979 million yuan through its initial public offering. Bloomberg News |
Your-Mart Co, the largest retailer in Hunan province and the third company to obtain approval for an initial public offer after the ban on new share issues was lifted late last month, has shot ahead of two forerunners in investor popularity, especially among institutional investors.
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