Chinese movie studio eyes NYSE listing

HONG KONG—A third leading Chinese movie studio is aiming for a listing -- this time on the New York Stock Exchange -- as the country's entertainment companies turn to the capital markets to raise funds.

Beijing Polybona Film Distribution Co. is aiming to go public in the second half of next year or the first half of 2011, Chief Executive Yu Dong told The Associated Press in a phone interview Tuesday. The company will start drafting its listing application early next year, he said.

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