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Wall Street Week Ahead: Investors look for signs in the rally's break

NEW YORK - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. | Video

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Families edging out private equity in consumer deals

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China denounces EU airline carbon law, seeks talks

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China Molybdenum aims to raise $575 million in share offer

SHANGHAI | Sun Sep 9, 2012 7:33pm EDT

SHANGHAI (Reuters) - China Molybdenum Co Ltd (3993.HK), a major Chinese producer of tungsten and molybdenum, aims to raise 3.646 billion yuan ($575 million) in a share offer on the Shanghai Stock Exchange, it said in a share issue prospectus on Monday.

China Molybdenum plans to issue up to 542 million A-shares denominated in the yuan, or up to 10 percent of its expanded share capital, to build new projects, it said in the prospectus published on the exchange's website, www.sse.com.cn.

Book building will start on Tuesday and an issue price will be decided on September 20, it said.

(Reporting by Lu Jianxin and Pete Sweeney; Editing by John Mair)
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