The online news portal of Chinese government mouthpiece, the People's Daily, has launched an initial public offering in Shanghai.

Co Ltd will sell 69.1 million shares through the IPO, it said in its prospectus posted on the Shanghai stock exchange website late on Wednesday.

Based the price range, the company will have enjoy a PE ratio of 46.13-51.89, a 5.15%-18.28% premium above the average industry level.

People's Daily Online will raise a minimum of 1380 million, a maximum of 1550million yuan via the IPO, 162%-195% higher than the planned 527million financing.

滬江英語(yǔ)快訊:人民網(wǎng)IPO成就官網(wǎng)第一股!人民網(wǎng)昨晚公告稱,公司本次公開發(fā)行中網(wǎng)上資金申購(gòu)發(fā)行的5530.5萬股股票將于2012年4月27日起在上海證券交易所上市交易。人民網(wǎng)本次發(fā)行6910.57萬股,發(fā)行后總股本為2.76億股。發(fā)行價(jià)格為20元/股,對(duì)應(yīng)市盈率46.13倍。人民網(wǎng)是《人民日?qǐng)?bào)》建設(shè)的以新聞為主的大型網(wǎng)上信息交互平臺(tái),也是國(guó)際互聯(lián)網(wǎng)上最大的綜合性網(wǎng)絡(luò)媒體之一。如果此次人民網(wǎng)上市順利過關(guān),將對(duì)新華網(wǎng)、央視網(wǎng)等官網(wǎng)上市產(chǎn)生重大借鑒意義。

滬江科普:IPO全名initial public offering,首次公開募股。指企業(yè)透過證券交易所,首次公開向投資者發(fā)行股票,以期募集用于企業(yè)發(fā)展資金的過程。公司在進(jìn)行首次公開籌股時(shí),需要投資銀行公司作為承銷商,來準(zhǔn)確評(píng)估股票的價(jià)值,也就是股價(jià)。