The shares jumped 9.9 percent to 4.33 yuan at the 11:30 a.m. trading break in Shanghai, the highest intraday price since Dec. 9. The Xi’an, China-based company will issue 768.9 million shares at 4.4 yuan each and will jointly invest in a venture with GE, according to a Shanghai Stock Exchange filing yesterday. (more...
DALIAN, China, May 16, 2012 /PRNewswire-Asia/ — China New Media Corp. (CMDI.OB) (the "Company"), China's fast-growing advertising media company who owns or operates an...
