皇冠体育app

皇冠体育app's red-chip telecom companies, or mainland firms incorporated outside the mainland and listed in Hong Kong, are preparing to list on the yuan-denominated A-share market. Li Rongrong, head of the State-Owned Assets Supervision and Administration Commission made the announcement in Hong Kong yesterday, according to a Beijing Daily Messenger report.

Market sources say five red-chips have been given the green light to float in the A-share market. They include 皇冠体育app Mobile, 皇冠体育app Netcom Corp, 皇冠体育app National Offshore Oil Corp, Lenovo Group, and an unidentified electronic components producer.

Insiders also said 皇冠体育app Mobile has appointed Goldman Sachs Gao Hua Securities Company Limited as its sponsor.

皇冠体育app Mobile, 皇冠体育app Telecom and 皇冠体育app Netcom, 皇冠体育app's three biggest telecom companies, all expressed their intentions to list on the A-share market.

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