Gome may swap shares for capital
By Joey Kwok | China Daily | Updated: 2009-02-10 08:11
|
Pedestrians walk past a road sign leading to a Gome store in Beijing in this file photo. Gome is looking to raise capital in Hong Kong in a proposed private placement of new shares to institutional investors. Wu Changqing |
Troubled Gome Electrical Appliances, the largest consumer electrical goods retailer on the Chinese mainland by sales, is putting its own house together in preparation for a proposal to raise capital in Hong Kong in a private placement of new shares to institutional investors.
Photo
