Published by Tibet News Digest - December 1995

Reuters reports that Tibet Shengdi Company will apply to be the first firm in the Tibetan Autonomous Region to be listed in the Shanghai stock market. All shares will be reserved for Chinese domestic investors. The Lhasa based company plans to develop tourist facilities in Tibet and expand its output of mineral water. Despite its name, Shanghai listed Tibet Pearl Star Company is based in Chengdu, the capital of Sichuan province.