PRESS DIGEST-China - July 16
SHANGHAI, July 16
SHANGHAI, July 16 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Wednesday. Reuters has not checked the stories and does not vouch for their accuracy.
SHANGHAI SECURITIES NEWS
- China International Capital Corp Ltd (CICC) is in touch with underwriters about a listing, but there is little potential for it to do so on the Hong Kong Stock Exchange this year, sources told the newspaper.
- Thirty percent of vehicles purchased by delivery companies in Shanghai will have to be environmentally friendly, a new regulation stipulates.
CHINA SECURITIES JOURNAL
- Ping An Bank said it would raise 20 billion yuan ($4.83 billion) via preferred shares and 10 billion yuan through a private placement.
For Hong Kong and South China newspapers see..... ($1 = 6.2075 yuan) (Reporting by Shanghai Newsroom; Editing by Prateek Chatterjee)
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