9Diamond Eyes IPO
Shanghai-based online diamond retailer 9Diamond (www.9diamond.com) has apparently raised USD10m for a Hong Kong initial public offering, state media reports. The investment is backed by international diamond traders and retailers Qiming Venture Partners, Zero2IPO, Rapaport and Kleiner Perkins Caufield & Byers. The exact date for the IPO was not disclosed.
Shenhua Energy Posts Profit Boost
China's major coal producer Shenhua Energy has said that its revenues
and its 2007 profits rose by 25 and 20 per cent, respectively. In 2007,
the country's major coal producer's revenues topped RMB82.1 bn, while
profits reached RMB29.9 bn. In 2006, Shenhua listed its shares on the
Shanghai stock market, raising USD8.91 bn and setting a mainland China
record at that time.
News & Interviews 
(0 vote)
