STATE-OWNED ENTERPRISE LISTS H SHARES ON HK EX

| BY

clpstaff &clp articles

China Communications Services Corporation (CCS) has completed a US$242 million secondary offering and listing of its H shares on the Hong Kong Stock Exchange.A…

China Communications Services Corporation (CCS) has completed a US$242 million secondary offering and listing of its H shares on the Hong Kong Stock Exchange.

A provider of telecommunications support services to telecommunications operators in the PRC, the state-owned CCS offered 359,365,600 H shares at HK$5.25 each. The shares sold represent 20% of the company's enlarged H share capital.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]