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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • Western Securities’ IPO Review Completed 0 comments
    Mar 28, 2012 4:51 AM
    Source: 21st Century Business Herald, ChinaScope Financial (Data)

    + Sources say that the IPO review of Western Securities has been completed, and that the China Securities Regulatory Commission (CSRC) will grant the approval soon.

    + Western Securities plans to issue a maximum of 200 million shares, with an issue price of CNY 11.88 per share, with the goal of raising CNY 2.38 billion.

    Measured in terms of total assets and net profit, Western Securities is on a par with its competitors. The brokerage sector shrank in 2010 because of weak stock market performance.

    Trading Comparable

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