Online news portal seeks listing
(China Daily)Updated: 2007-05-12 13:47
Eastday.com, Shanghai's biggest online news portal, has begun preparations
for a 2008 initial public offering on the city's stock exchange, two
sources said on Friday.
The sources said the Shanghai municipal government, the de facto owner of the
website, has agreed in principle to allow Eastday.com to list, as part of the
government's plans to boost China's media industry ahead of the 2008 Olympic
Games.
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