Xinhua News Agency President Cai Mingzhao (L) and Mayor of Shanghai Yang Xiong attend the ceremony as Xinhuanet Co. Ltd. debuts on the Shanghai Stock Exchange in Shanghai, east China, Oct. 28, 2016. Xinhuanet Co. Ltd. debuted on the Shanghai Stock Exchange on Friday with its shares surging immediately after opening. (Xinhua/Ding Ting)
BEIJING, Oct. 28 (Xinhua) -- Xinhuanet Co., Ltd. debuted on the Shanghai Stock Exchange on Friday with its shares surging to a trade suspension immediately after opening.
Xinhuanet.com, the website of China's official news wire Xinhua News Agency, rose 43.99 percent to 39.87 yuan (5.88 U.S. dollars) per share, boosted by huge orders on the Shanghai Stock Exchange. Full story
BEIJING, Sept. 24 (Xinhua) -- Xinhuanet.com, the website of China's official news wire Xinhua News Agency, has got the green light for an IPO on the Shanghai bourse.
The China Securities Regulatory Commission (CSRC) announced the approval Friday night after years of consideration, without elaborating. Full story