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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (15332)	8/1/2003 11:48:33 AM
From: TrueScouse	Read Replies (2) \| Respond to of 39344

Louis: An indication of Chinese investor interest in precious metals.... 824 times over-subscribed! Howy ============================== Thursday July 31, 9:48 AM China's First Gold Producer IPO Subscribed 824 Times SHANGHAI (Dow Jones)--China's first initial public offering by a gold producer was 824 times subscribed, the lead manager of the IPO said Thursday. Zhongjin Gold Corp., a unit of China's largest gold-mining firm, is looking to raise 405 million yuan ($1=CNY8.28) by issuing 100 million A shares. China Galaxy Securities, the lead manager, said in an announcement published in the Shanghai Securities News that investors subscribed to 82.40 billion shares in the one-day IPO subscription on Wednesday. Zhongjin Gold will be the first publicly listed gold company on China's stock exchange.