Xinhua website planning $158 million IPO: sources

Last Updated on Friday, 23 December 2011 10:05 Written by External Post Friday, 23 December 2011 10:05


BEIJING (Reuters) – China’s state news agency Xinhua plans to list its online portal in a 1 billion yuan ($157.8 million) stock market offering in Shanghai with China International Capital Corp underwriting the deal, two sources with knowledge of the matter said on Friday.

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