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Rise in public company financing

Updated: 2013-06-24 19:57
( chinadaily.com.cn)

Financing involving 120 public companies reached 195.8 billion yuan ($31.8 billion) by June 20, up 63 percent year-on-year.

Three companies have seen their financing exceed 10 billion yuan. Industrial Bank Co Ltd reached 23.6 billion yuan. They were followed by chemical fertilizer and raw material manufacturer Yunnan Yuntianhua Co Ltd with a total of 13.7 billion yuan and Shenzhen Energy had more than 10 billion yuan.

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