NYSE candidate banks on digital TV growth in China

China Digital TV, which provides smart cards and access systems to the digital TV industry, aims to raise $156 million from its IPO.

Once upon a time, it was the television set that was at the top of the wish list for ChinaÆs newly rich, but those days are long gone. As the wealth has spread and the countryÆs middle class has grown bigger, that list has expanded to include even more expensive items and the must-have this year is probably more likely to be a piece of property û or why not a portfolio of stocks in ShanghaiÆs surging A-share market.

But...

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