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Friday, 23 December 2011 - Xinhua website planning $158 million IPO: sources |
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No thanks, say cash-conscious Europeans 22 Dec 2011 Discussed 173 In ad for newsletter, Ron Paul forecast ”race war” 129 Slumping Gingrich promises sharper counter-punch 114 North Korea state TV says Kim Jong il has died Watched Earthquake strikes New Zealand Thu, Dec 22 2011 Reuters Today: Toyota sees record sales in 2012 Thu, Dec 22 2011 Huge fire in San Francisco Thu, Dec 22 2011 Xinhua website planning $158 million IPO: sources Tweet Share this Email Print Related News Beijing tightens controls over popular microblogs Fri, Dec 16 2011 Hong Kong debut IPOs fall on volatile global markets Thu, Dec 15 2011 UPDATE 4-Haitong Securities pulls $1.7 bln HK offer-sources Mon, Dec 12 2011 Exclusive - China central bank to create FX investment vehicle Fri, Dec 9 2011 China data signals pro-growth policy shift Fri, Dec 9 2011 Analysis & Opinion Cablevision also joins Time Warner Cable with HBO Go offer M & A wrap: Zynga IPO: Bubbleville? Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » BEIJING | Fri Dec 23, 2011 4:29am EST BEIJING (Reuters) - China's state news agency Xinhua plans to list its online portal in a 1 billion yuan ($157.8 million) stock market offering in Shanghai with China International Capital Corp underwriting the deal, two sources with knowledge of the matter said on Friday. The exact timing of the initial public offering of Xinhuanet.com has not been fixed, the sources told Reuters. "It's around 1 billion yuan," one of the sources said. Xinhua was not immediately available for comment. Other state news outlets are also looking to list their online operations. People.com.cn, the online news portal run by the mouthpiece of the Chinese Communist Party -- the People's Daily -- is looking to list in Shanghai, sources have told Reuters. (Reporting by Beijing Newsroom; Editing by Nick Edwards) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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