China Netcom's IPO raises $1.2 billion

Article Abstract:

China's second largest fixed-line phone company, China Netcom has raised $1.2 billion in its initial public offering of shares in Hong Kong and American Depository receipts in New York. The details of the public offerings and the proposed plans for utilizing the funds are discussed.

Strategy & planning, Financial management, Telephone Communication, Labor Distribution by Employer, Planning, Finance, Statistics, Going public (Securities), Initial public offerings, Company public offering, Company business planning, Company financing, China Netcom Corp.

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Asia: China Telecom issue poorly received in US

Article Abstract:

The American depositary receipts of China Telecom listed on the New York Stock Exchange fell 5.4%.Inspite of the reduction the offering was not recieved largely by the United States investors.

United States, China Telecom (Hong Kong) Group Ltd.

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Europe: Russian telecom launches ADR's

Article Abstract:

American depositary receipts have been launched by the second-largest regional Russian telecom Uralsvyazinform.

Russia, Usage, American depository receipts, American depositary receipts, Uralsvyazinform Corp.

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