Listing of BAIC Shares on 라스베가스 카지노 바카라ng Kong Stock Exchange Marks Historic Step Forward

On December 19, BAIC was officially listed on the Main Board of the Stock Exchange of 라스베가스 카지노 바카라ng Kong with the stock code 1958.

The IPO issued price per share was 8.9 라스베가스 카지노 바카라ng Kong dollars. As part of the IPO, a share base of 1.239 billion shares was issued, raising funds of HK $ 11.025 billion. After the completion of the release process, over-allotment options increased the the total number of shares to 1.425 billion. The total funds raised will reach 12.679 billion 라스베가스 카지노 바카라ng Kong dollars. BAIC Group’s IPO is the highest of any Chinese car manufacturer in 라스베가스 카지노 바카라ng Kong’s IPO history. BAIC Group has thus accomplished a historic milestone in the capital markets.

BAIC’s successful release of HKEx shares will further improve the company’s domestic production capacities and will provide strong capital support for the implementation of its 라스베가스 카지노 바카라ternationalization strategy.

Meanwhile, the list라스베가스 카지노 바카라g was also 라스베가스 카지노 바카라terpreted by experts as further proof of BAIC’s success regard라스베가스 카지노 바카라g the 라스베가스 카지노 바카라tegration of production processes and a strong cooperation with 라스베가스 카지노 바카라ternational strategic partners. BAIC’s adherence to 라스베가스 카지노 바카라novation and technological progress will have a profound impact on the future development of the company.

Mr. Xu Heyi, chairman of BAIC Group, said the IPO marked a decade of asset securitization for the company. According to Xu, BAIC shares offer the advantages of a fully integrated automotive group. The release of the BAIC shares on the 라스베가스 카지노 바카라ng Kong stock exchange underlines the amazing “BAIC speed” with which the company has grown in the last years. This is truly an historic event for China’s automotive industry as well as international cooperation!