Stocks News
- Goldwind plans Shenzhen listing
Date: 14-Dec-2007 Sources: (Shenzhen Daily)
GOLDWIND Science & Technology Co., China's largest maker of wind turbines, plans to raise 1.8 billion yuan (US$244 million) in an initial share sale to boost output as the country seeks to reduce its reliance on coal.
Goldwind would sell 50 million shares at 36 yuan (US$4.84) apiece on the Shenzhen Stock Exchange, the Xinjiang-based company said Thursday in a statement. Investors could buy the stock Thursday and Friday and it would start trading soon after the sale, Goldwind said.
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