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Zoomlion Lists H-Shares in HK

Zoomlion Lists H-Shares in HK

Write: Noor [2011-05-20]
Zoomlion Lists H-Shares in HK
Zoomlion executives are celebrating the successful listing of H-shares.
Zoomlion Lists H-Shares in HK
Deputy Secretary of the CPC Hunan Provincial Committee Mei Kebao (3rd L) and Vice Governor of Hunan Province Chen Zhaoxiong (2nd R)witness the joyful moment.
Zoomlion Lists H-Shares in HK
Deputy Secretary of the CPC Hunan Provincial Committee Mei Kebao (3rd L) and Vice Governor of Hunan Province Chen Zhaoxiong
Zoomlion donates 1 million HKD to the Community Chest of Hong Kong.

Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd. (000157 A. Shenzhen; 1157 H. HK) was listed on the Main Board of Hong Kong Stock Exchange (HKSE), becoming the first listed company that held both A and H shares in Hunan. By 10:28 of the listing day, the share price rose by 5.2% from the IPO price to 15.76 HKD.

Zoomlion is the leading engineering machinery manufacturer in China, providing diversified products, overall value-added services and over 640 types of machines and equipments. A-shares of the company were listed on Shenzhen Stock Exchange on Oct. 12 of 2000.

Approved by HKSE, Zoomlion issued 869 million shares worldwide. 95% of them, about 826 million shares, were issued by international placing, and 5%, about 43.48 million shares, were purchased through IPO at 14.98 HKD per share in HK, raising a fund of 13 billion HKD.

Source: <http://www.enghunan.gov.cn/>