In August, the above-scale industrial added value grew only 6.9% in August, hitting a fresh low since 2009. An official from the Ministry of Industry and Information Technology (MIIT) said in an interview with DZH News that such figure was out of his expectation, and he stressed that the country must boost the effective demand in the next four months, otherwise, the industrial growth will deviate from the reasonable range.
UCD (01599) plans to raise Rmb600m from A shares issue Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing. The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share. The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national engineering...
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