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Everbright eyes listing

(China Daily)
Updated: 2007-05-29 10:01

China Everbright Ltd said its mainland incorporated associated unit, Everbright Securities Co Ltd, is planning to issue A shares in an initial public offering. The Hong Kong financial services group said in a statement yesterday that the unit is exploring a reinstatement of its 2004 accounts in order to meet the listing criteria of three consecutive years of profit.