Nonetheless, that did not deter Zhongguo Pengjie Fabrics (Pengjie Fabrics) from making its Mainboard debut on 11 August.
Stocks rallied on Thursday after data showed that the US economy grew much faster in the second quarter than first reported, boosted by a strong increase in international trade.
The initial public offering (IPO) launch saw 123m invitation shares at $0.20 each being offered, consisting of 101m new shares and 22m vendor shares.
美国商务部将第二季GDP增长率由1.9%修正为3.3%，令市场对全球经济重燃希望，加上投资者憧憬周末国内将有利好出现，从而提振A股市场周五明显收高，深证成指为六连阴后首度收阳。|
It has been a very quiet fortnight with no major positive or negative news, as trading remained focused on “worsening credit worries”.
2Q08 net profit dipped 70%. Ho Bee reported 2Q08 results with net profit decline of 70.4% to S$37.0m on the back of a 27.0% drop in revenue to S$116.8m, compared to the previous corresponding quarter.
Chong updated that Sky China should be taking on a new project from Jilin, the details of which are still under wraps.
The gain will comprise a $183m net gain from the dilution of CapitaLand’s interest in the four Raffles City assets as well as $130m fair value gain for Raffles City Shanghai.
The Singapore government announced a new enhanced parenthood package to encourage couples to have more children.
Investors hoping for a respite after PM Lee’s National Day Rally speech were sorely disappointed.
