Regulator to review Beijing Jingkelong IPO on Oct 14
Updated: 2011-10-11 11:50
(Agencies)
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The China Securities Regulatory Commission (CSRC) will review the A-share initial public offering of Chinese retailer Beijing Jingkelong Group on Oct 14, the CSRC said on its website late on Monday.
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Employees work on a Jingkelong signboard on the roof of one of its Beijing stores. [Photo/Asianewsphoto] |
Beijing Jingkelong will issue up to 120 million shares to raise 896 million yuan ($141 million) for expansion in the Shanghai IPO.
Ping An Securities is the lead underwriter for the offering.
Beijing Jingkelong's Hong Kong-listed shares were up 4 percent at HK$6.45 ($0.83) a share in mid-morning trade on Tuesday.
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