Editorial Summary

China's second largest coal producer China Coal Energy Co. (1898.HK) prices it¡¯s A-shares between RMB16 and RMB16.83 for retailers on Thursday, reports Securities Time. China Coal plans to issue up to 1.5 billion A-shares. According to the report, the domestic coal price in 2008 is expected to grow 10 percent year-on-year (YoY), while the price for coal exportation will increase over 30 percent.

Shares of Shandong-based Yanzhou Coal Mining Company Limited (600188.SH) and China's largest coal mining company China Shenhua Energy (601088.SH; 1088.HK) rose 7.46 percent and 6 percent to close at RMB21.03 and RMB60.75 on Thursday in Shanghai.

Chinese contractor Zhong-Tie Construction Group Corporation will issue up to 2.8 billion A-shares after the company's domestic listing plan was approved by the China Securities Regulatory Commission (CSRC) on Wednesday and starts its HKEx listing hearing on Thursday, reports China Business News. Zhong-Tie plans its dual-listing in Shanghai and Hong Kong for as soon as February to raise US$3-4 billion, said the report.