China Travel & Tourism News
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Air China goes public
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| 13-Dec-2004 - |
AIR China is expected to bring in more than US$1.05 billion with its Hong Kong and London initial public offering (IPO). Air China will sell 31 per cent or 2.805 billion shares of the company for US$0.3725 per share. Hong Kong-based Cathay Pacific will buy 905 million shares in Air China paying US$337.5 million. An industry analyst said: "Air China has since its inception been the country's best airline and demand for mainland airline stock is very high. Oil prices and jet fuel prices have also dropped recently, and historically airline shares do well when this happens." In 2005 and 2006, it is expected that China's airline sector will grow by about 15 per cent. The World Travel and Tourism Council has projected that by 2020, some 100 million Chinese will be travelling abroad each year. |
| 13-Dec-2004 - |
Main Cities in China Travel and China Hotels
 Beijing Canton
Shanghai Hong
Kong Qingdao Hangzhou |
Other Major Cities:
Changchun,
Chengdu,
Chongqing,
Dalian,
Dongguan,
Dunhuang,
Foshan,
Guangzhou,
Guilin,
Haikou,
Harbin,
Hainan,
Hangzhou,
Kunming,
Lhasa,
Macau,
Nanjing,
Qingdao,
Sanya,
Shenyang,
Suzhou
Shanghai,
Shenzhen,
Tianjin,
Weihai,
Wenzhou,
Xiamen,
Xi'an,
Yiwu
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Major China Hotels:
Beijing Hotels,
Chengdu Hotels,
Chongqing Hotels,
Dalian Hotels,
Foshan Hotels,
GuangZhou Hotels,
Guilin Hotels,
Hangzhou Hotels,
Harbin Hotels,
HongKong Hotels,
Kunming Hotels,
Macau Hotels,
Nanjing Hotels,
Qingdao Hotels,
Sanya Hotels,
Shanghai Hotels,
Shenyang Hotels,
Suzhou Hotels,
Tianjin Hotels,
Urumqi Hotels,
Wenzhou Hotels,
Xiamen Hotels,
Xian Hotels |
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