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Baosheng International Officially Landed At The Hkex Today.

2008/6/6 0:00:00 10483

Baosheng

ChinaVenture Beijing time June 6th, Baosheng International (3813.HK), a retail subsidiary of Yuyuan group, is officially listed on the main board of HKEx today, with a stock code of "3813.HK" and a HK $2 billion 511 million 300 thousand loan.

The sponsor is Merrill Lynch.

According to the results of the prospectus, Baosheng international listed issue price of HK $3.05, the issue price guidance interval of HK $2.93-3.75, the price close to the lower limit of the price range.

Public offering of 824 million new shares.

Yuyuan group is the largest sports shoe manufacturer in the world.

Mainly for Nike (NikeInc.) and Adidas-SalomonAG and other brands of sports shoes.

Baosheng operates retail businesses in China, Hongkong and Taiwan, including franchised stores.

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