China's Great Leisure Group lists shares in Paris

Fri Sep 12, 2008 10:52am EDT
 
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PARIS, Sept 12 (Reuters) - Chinese company Great Leisure Group (MLGLG.PA) listed its shares in Paris on Friday, as the French bourse continues its bid to lure Chinese companies to its exchange rather than London.

Great Leisure Group shares were quoted at 13.73 euros, giving the company a market capitalisation of around 12 million euros ($16.82 million). The company makes an array of furniture objects and was founded in Ningbo in 2000.

The Paris bourse is part of NYSE Euronext (NYX.N) (NYX.PA). Over the past year, solar cell maker China Photovoltaic SA (ALCNP.PA) and Chinese automotive technology products group Lionax (MLION.PA) have both listed shares in Paris.

(Reporting by Sudip Kar-Gupta)

 

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