"KAISER Share", known as "No. 1 Share in China Women's Wear", was officially listed in Shenzhen Stock Exchange on June 8, becoming the 12th listed company of Shantou city, which has further strengthened "Shantou's plate" in the capital market. The successful listing of KAISER Share has aroused many investors' attention. Yesterday, its opening price was 23.50 Yuan, and its closing price was 24.91 Yuan, with an increase of 13.23 .
KAISER Share Joint-stock Company is Shantou's first foreign enterprise listed in "A" share market in China. It was learnt that the fund raised by KAISER Share through public offering would be used for the project of sales network construction and the project of women's wear production line and product research and development center; the company would strive for the "100 Self-support Shops" program within three years by expanding the construction of its self-support shops, so as to reach a scale of more than 300 sales outlets throughout the country.
Source:Shantou Daily ,June 9,2010