Menu
Zheng He Capital to commence trading tomorrow

Zheng He Capital to commence trading tomorrow

Zheng He Capital (ASX:ZHE) will commence public trading in Australia tomorrow, after being admitted to the official list today.

Zheng He, which operates in China's Fujian province, will serve as a credit guarantee company for the nation's rapidly-expanding retail and SMB market.

It generated 482,683 yuan ($75,700) in profit from 1.3 million yuan in revenue for the quarter ending in March, and 344,600 in profit for calendar 2009.

Zheng He will list with 21.6 million shares at $0.20 per share.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags ChinasmbcreditASX:ZHEZheng He Capital

Show Comments
[]