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  
盘锦市| 平原县| 宜君县| 宜川县| 吉安县| 上杭县| 安国市| 加查县| 将乐县| 兴义市| 沙洋县| 岐山县| 天镇县| 界首市| 焦作市| 遂溪县| 会泽县| 恩平市| 呼和浩特市| 岳阳市| 班玛县| 镇雄县| 合山市| 大冶市| 连城县| 大邑县| 顺义区| 吴堡县| 蓬溪县| 隆子县| 武鸣县| 常州市| 湘潭县| 三都| 盐亭县| 高清| 新余市| 信丰县| 新邵县| 文登市| 汪清县|