男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Top News

Country Garden shares surge 35%

By Hui Ching-hoo (China Daily)
Updated: 2007-04-21 09:53
Large Medium Small
HONG KONG: Shares of Country Garden, a South China property developer, surged more than 35 percent over its offering price on Friday, reflecting strong investor confidence in the mainland's real estate market despite recent government cool-down measures.

Country Garden shares closed at HK$7.27 on Friday, a HK$1.89 increase over the initial offering price. Turnover was HK$7.23 billion.

The debut came one day after a slump on the Shanghai Composite Index, caused by bearish market sentiment, but regained momentum in the late trading session, analysts said.

"The opening bid was lower than expected due to the bleak atmosphere caused by the imminent launch of austerity measures. But the closing price is within our range of expectation," said Ricky Cheung, executive vice-president of Enlighten Securities and Futures Ltd.

Country Garden, which sells most of its houses to Hong Kong buyers, entered the market spotlight after its initial public offering raised more than HK$330 billion. It was the second-largest IPO in the history of the Hong Kong exchange, after the Industrial and Commercial Bank of China's HK$410 billion launch last year.

The trading frenzy was sparked by remarks by property tycoon Lee Shau-kee, chairman of Henderson Land Development, Hong Kong's third-largest developer, who chose Country Garden as one of the five hottest picks among mainland property stocks.

Lee was brought in as a cornerstone investor, alongside Malaysian tycoon Robert Kuok, CITIC Pacific's Larry Yung Chi-kin, Singapore's Temasek Holdings and Chow Tai Fook Enterprises. Together, they agreed to buy HK$3.5 billion worth of shares.

Yeung Kwok-keung, Country Garden's chairman, said the company would quicken expansion outside Guangdong Province.

"We will apply our business model into other mainland cities and strive to diversify our products," he said at the listing ceremony on Friday.

"We will continue to pursue low land cost strategy, and we've identified five cities in Hunan, Jiangsu, Inner Mongolia and Liaoning as our next targets."

Country Garden has reported 300 percent compound annual net profit growth rate over the last three years.

主站蜘蛛池模板: 呼玛县| 临城县| 娄底市| 白水县| 万山特区| 南澳县| 亳州市| 年辖:市辖区| 秦皇岛市| 会昌县| 镇安县| 荣成市| 万安县| 兴安盟| 吉林市| 湘潭市| 房产| 灌阳县| 永嘉县| 云龙县| 通河县| 怀安县| 日土县| 武清区| 彰武县| 招远市| 靖宇县| 鹿邑县| 灵川县| 武定县| 宾阳县| 呼图壁县| 阿巴嘎旗| 乃东县| 阜城县| 高唐县| 溧水县| 昂仁县| 汾西县| 泰和县| 仙桃市| 罗平县| 磴口县| 茂名市| 波密县| 定州市| 珲春市| 绍兴市| 铅山县| 定西市| 安多县| 许昌市| 中卫市| 繁峙县| 巴南区| 冷水江市| 沾化县| 东光县| 嘉禾县| 石泉县| 天镇县| 霍林郭勒市| 遂宁市| 广河县| 江华| 梅河口市| 温州市| 邳州市| 盱眙县| 彰武县| 安新县| 封丘县| 天气| 旺苍县| 乌兰浩特市| 辽阳县| 偃师市| 穆棱市| 商都县| 来安县| 铁岭县| 五大连池市|