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  • September 20, 2014
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Results 1 - 10 of 18 for IPO

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  1. Business - Money - IPO

    29 investment banks, one failed US$6 billion IPO: Who is to blame?

    Posted May 01st 2014, 01:27am by Ray Chan, George Chen, NICK EDWARDS

    ... despite weak sentiment for new share offerings. "The market is not good but it is also not too bad to take a billion-dollar IPO," said one of the sources. Wan is expected to relaunch ...

  2. Business - IPO

    China's State Grid buys biggest chunk of HK Electric's IPO

    Posted Jan 11th 2014, 07:52pm by Reuters in Hong Kong

    ... Government-owned State Grid Corp of China is coming in as the biggest cornerstone investor in Li Ka-shing-backed HK Electric Investments’ up to US$5.7 billion Hong Kong initial public offering (IPO ... expansion. The IPO is set to be launched on Monday, they added. Depending on the final IPO pricing, State Grid will end up owing more than 15 per cent of HK Electric Investments after the IPO, set ...

  3. Business - China Business - IPO

    Sina plans US$500 million IPO for Weibo in US

    Posted Feb 25th 2014, 03:57pm by AP

    ... with knowledge of the deal said on Tuesday. The person, who wasn’t authorised to speak publicly about the deal, said investment banks Goldman Sachs and Credit Suisse had been hired to manage the IPO ... The plans were first reported by the Financial Times on Monday. Sina’s IPO plans come as other Chinese internet heavyweights prepare for share sales. Alibaba, China’s largest e-commerce company, ...

  4. Business - Companies - IPO

    King Digital IPO draws scrutiny after high-profile gaming failures

    Posted Mar 26th 2014, 06:34am by Reuters

    ... will be closely watched in the US$17 billion mobile gaming industry, which is keen to emerge from the shadow of Zynga, which has lost half its value since its 2011 IPO valued it at US$8.9 billion. While ... game for three-quarters of its revenue. "The red flag for this IPO is that King's revenues and fortunes are built on one game," said Michael Yoshikami, chief executive ...

  5. Business - Companies - IPO

    Magnum's oversubscribed IPO latest in string of successful small caps

    Posted Jan 16th 2014, 02:36am by Ray Chan

    ... right beat with IPO The closely-watched initial public offering of local nightclub and disco operator Magnum Entertainment has drawn strong interest from both institutional and retail investors ... Kong-listed brokerage firm Bright Smart Securities, was swamped with buying orders from investors who used margin funds to increase their purchasing power. This resulted in the IPO being ...

  6. Business - Money - IPO

    Cinda to price IPO near top of range

    Posted Dec 05th 2013, 06:00am by BLOOM

    ... Bloomberg Cinda to price IPO near top of range China Cinda Asset Management plans to sell shares in a Hong Kong initial public offering at near the top end of a marketed price range to raise about US$2.5 billion, said two people with knowledge of the matter. Strong demand prompted the company to stop taking orders for shares yesterday, a day earlier than scheduled, said ...

  7. Business - Companies - IPO

    Neglected Luye finds tonic in HK listing

    Posted Jul 10th 2014, 06:01pm by Doug Young

    ... in new funds as part of an IPO that valued the firm at US$3 billion. That new valuation was nearly 6 times the amount that a group of private equity buyers paid when they privatised Luye and its ...

  8. Business - Money - IPO

    Galaxy Securities IPO raises HK$8.3b

    Posted May 16th 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com State-owned broker prices share offering at low end amid investor concern over earnings Galaxy Securities IPO raises HK$8.3b China Galaxy Securities, the country's sixth-biggest brokerage firm by revenue, has raised HK$8.3 billion from its long-planned Hong Kong listing. The state-owned brokerage firm sold 1.57 billion shares at HK$5.30 per share, ...

  9. Business - Money - IPO

    Two top China film firms look to list in Shanghai

    Posted Nov 27th 2012, 01:51pm by Reuters in Shanghai

    ... reached for comment while Shanghai Film Group declined to comment. China’s IPO market has remained sluggish so far this year, weighed down by a weak stock market, but listings of media companies have gathered strong demand partly due to their scarcity. Cable TV operator Jishi Media priced its 2 billion yuan IPO at the top of its price range while state-owned news portal People.cn ...

  10. Business - Companies - IPO

    Pegasus Entertainment's shares bomb in market debut

    Posted Nov 01st 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Film firm's shares drop nearly 9pc on opening day, but what does it say about IPOs? Pegasus bombs in market debut Film producer and distributor Pegasus' flop debut on the stock market yesterday came as yet more proof of the city's bleak IPO picture. Pegasus, set up by veteran director and actor Raymond Wong Pak-ming, closed 8.9 per ...




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