Mkt watch: CCCC (01800.HK) A-share IPO to weight on Chinese shares
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[February 14, 2012]

Mkt watch: CCCC (01800.HK) A-share IPO to weight on Chinese shares

BEIJING, Feb 14, 2012 (Xinhua via COMTEX) -- China Communications Construction Company Ltd. (CCCC; 01800.HK) will start its A-share online subscription on Wednesday.

The company sets its IPO size at 1.6 billion shares and IPO price range at 5.0 yuan/share to 5.4 yuan/share so to raise maximum 5 billion yuan yuan via its A-share IPO.


The company's large-scale A-share IPO would put heavy liquidity pressure on China's A-share market that kept volatile in a low zone recently. (Edited by Gaoyuan, gaoyuan@xinhua.org)

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