Xinhua Looks at Second Listing

ORGANIZATION & STRATEGY

Xinhua Finance is considering a second overseas listing in 2005 or 2006 after raising ¥35 billion through its listing on the Tokyo Stock Exchange (IMD, Sept. 20).

A spokesperson says the listing will depend on the market and the company's development. "If the market environment is good for us to go ahead we will go ahead," she says. "And it is quite dependent on our own company development requirement—if we have certain targets and we need funds to finance, it may push our plan earlier."

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