Tools: Save | Print | E-mail | Most Read
Jinjiang Budget Hotel Listed in HK Market
Adjust font size:

Three new stocks of Chinese mainland companies made a beautiful debut in Hong Kong Friday, with Jinjiang Hotels growing the most, up 73.2 percent comparing with its initial public offering (IPO) price.

 

Jinjiang Hotel, whose business centers in Shanghai and Beijing, mainly focuses on hotel management, hotel related services and catering. Its business plan in developing economic hotels has drawn investors attention and made its first day of listing a great success by closing at 3.81 HK dollars, 73.2 percent higher than the IPO price of HK$2.2.

 

Another highlight among new stocks is China Comm Cons, the leading construction group in China. It once reached its first day highest at HK$7.78, about 70 percent higher than its IPO price of HK$4.6, and closed at HK$6.33 at the end of Friday's trading.

 

For Neo Neon, a lighting instrument producer, the first day is also a success with its price going up 29.9 percent comparing with its IPO price of HK$6.9 and closing at HK$8.96.

 

(Xinhua News Agency December 16, 2006)

 

Tools: Save | Print | E-mail | Most Read

Related Stories
Budget Hotel Opened for New Job Hunters
Oasis's One-day-delayed Maiden Flight Takes off
Experts Predict Rosy Future for Budget Hotels in China
Huaxia Airlines Is New China-based Budget Carrier
Rapid Expansion of Budget Hotels
Hotels Offer Reservations for World Expo in 2010
Economic Hotels in Need for Shanghai Expo

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright © China.org.cn. All Rights Reserved     E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号