China bourses announce final 6 companies for legal person share flotation

SHANGHAI (AFX-ASIA) - The Shanghai and Shenzhen stock exchanges have announced the names of the final six companies whose individual-owned legal person shares will begin trading. The Shanghai Stock Exchange said a total of 85.1 mln legal person shares in three Shanghai-listed firms will begin trading on April 5. Ningbo Fuda Electric Appliance Co Ltd's 31.7 mln individual-owned legal person shares will begin trading on that date, as will 37.2 mln shares in Xinjiang Friendship (Group) Co Ltd and 16.2 mln shares in Shanxi Bailong (Group) Co Ltd. The Shenzhen Stock Exchange said 14.57 mln legal person shares in Jilin Aodong Medicine Industry Groups Co Ltd will begin trading during April, as will 15.04 mln shares in Fenghua Advanced Technology (Holding) Co Ltd and 2.96 mln shares in Shenzhen Tianma Microelectronics Co Ltd.

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