New Listings in May Raised 26.4 Billion Yuan
Published:2011-06-01 16:43
According to stock market data, 27 new stocks listed on China's two main domestic boards in May, accounting for a total of 26.4 billion in additional market capitalization, an increase on the amount raised through new stock listings in April. However, the average price to earnings ratio of 36.39 for the newly listed stocks fell from last month, setting a new 22-month low.
According to stock market data, 27 new stocks listed on China's two main domestic boards in May, accounting for a total of 26.4 billion yuan in additional market capitalization, an increase on the amount raised through new stock listings in April. However, the average price to earnings ratio of 36.39 for the newly listed stocks fell from last month, setting a new 22-month low.
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