综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

China Oilfield Services up 160% in Shanghai debut

(Agencies)
Updated: 2007-09-28 16:33

Shares in China Oilfield Services surged 160 percent on their Shanghai debut on Friday, far exceeding analysts' expectations, as the firm's growth is anchored by a virtual monopoly in offshore oil services in the world's second-largest energy market.

The yuan-denominated A shares of the offshore drilling and equipment arm of China's dominant offshore oil producer, CNOOC Group, opened at 35 yuan (US$4.66) compared with its IPO price of 13.48 yuan.

The opening price represented a 115-percent premium to the firm's Hong Kong-listed H shares, which last closed at HK$16.84. This was much higher than the average premium of 54 percent for A shares over H shares among more than 40 firms listed on both bourses.

China Oilfield, which competes with Schlumberger, Halliburton and Baker Hughes, dominates the country's offshore oilfield service industry as it derives most of its revenue from sister company CNOOC Ltd.

The firm raised 6.74 billion yuan through its Shanghai IPO, which was 320 times oversubscribed and drew a total of 2.17 trillion yuan in subscriptions - making it the country's third most sought-after domestic share offer.


(For more biz stories, please visit Industry Updates)



Related Stories  
湖南省| 文山县| 苍山县| 肇庆市| 台安县| 永和县| 方山县| 米林县| 西华县| 安泽县| 叙永县| 花莲县| 太谷县| 铜陵市| 巫山县| 安顺市| 锦州市| 泰州市| 石台县| 岳西县| 蕲春县| 东台市| 昔阳县| 九龙县| 全椒县| 读书| 新津县| 绍兴县| 旬邑县| 罗田县| 西畴县| 视频| 汾阳市| 永平县| 丰原市| 井冈山市| 台前县| 临澧县| 永修县| 永清县| 噶尔县|