Midea roadshow takes off amid market gloom
By Zhou Yan | China Daily | Updated: 2009-07-30 08:00
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Consumers check ou Midea products at a shop in Beijing. The company plans to raise some 3 billion yuan by issuing 189 million new shares. CFP |
SHANGHAI Consumer durables maker Midea's roadshow to market its new shares kicked off yesterday amid a gloomy stock market, with the benchmark Shanghai Composite Index falling by 5 percent, the biggest one-day decline since early this year.
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