CCTV9英语新闻：Chinese drug maker postpones IPO amid pricing concern_在线英语听力室

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Chinese drug maker¹ Aosaikang Pharmaceutical² became the first company to postpone³ its initial public offering after China reopened its IPO market. The China Securities Regulatory Commission has allegedly halted the proposed listing after Aosaikang priced its stock at 72 yuan 99 cents.

The price is 67 times Aosaikang's earnings⁴ and is a much higher ratio than the company's comparable peers. Aosaikang had aimed to raise 4 billion yuan, or just over 660 million US dollars by listing on the Shenzhen Stock Exchange.

It intended to use most of the proceeds to buy shares of its parent Nanjing Aosaikang Pharmaceutical.

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收听单词发音

1 maker
n.制造者，制造商
参考例句：
He is a trouble maker，You must be distant with him.他是个捣蛋鬼，你不要跟他在一起。 A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。

2 pharmaceutical
adj.药学的，药物的；药用的，药剂师的
参考例句：
She has donated money to establish a pharmaceutical laboratory.她捐款成立了一个药剂实验室。 We are engaged in a legal tussle with a large pharmaceutical company.我们正同一家大制药公司闹法律纠纷。

3 postpone
v.延期，推迟
参考例句：
I shall postpone making a decision till I learn full particulars.在未获悉详情之前我得从缓作出决定。 She decided to postpone the converastion for that evening.她决定当天晚上把谈话搁一搁。

4 earnings
n.工资收人；利润，利益，所得
参考例句：
That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。 Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。

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CCTV9英语新闻：Chinese drug maker postpones IPO amid pricing concern