Guan
Tao, head of the balance of payments department at the State
Administration of Foreign Exchange, attended State Council Information
Office press conference this morning and said that in view of the
monitoring indicators, it is not obvious for outflow trend of foreign
capital from China's real estate market. On the contrary, foreign
capital inflows in the first three quarters of the real estate industry
registered the highest level when compared to the corresponding period
in the past five years
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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