• Wednesday
  • April 16, 2014
  • Last updated: 10:13pm
Hong Kong




Search Results

Results 1 - 10 of 200 for IPO

Related topics matching your search

Search results

  1. Facebook IPO 'unliked'

    Posted May 25th 2012, 12:00am

    ... Staff writer NEW YORK- A lot of people seem to be unfriending Facebook lately. Many of them lost a lot of money on the company's IPO. An IPO (initial public offering) is when a company first offers shares for sale to the public. Many people eagerly anticipated Facebook's IPO, but technical problems at the stock exchange meant trading started half an hour late. ...

  2. Business - Money - IPO FOCUS

    Harmony Auto defies dim market outlook

    Posted May 30th 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Chinese luxury car dealer hopes to fetch HK$2.4b from initial public offering despite analysts pointing to weak interest in industry Harmony Auto defies dim market outlook Another luxury car dealer, another growth story about ...

  3. Business - Comment - MONEY MATTERS

    How tycoons' IPO 'losses' may hide profits at herd's expense

    Posted Mar 02nd 2013, 12:00am by Shirley Yam

    ... allocation of shares at the IPO price, to be given to cornerstone investors". Among the side deals are promises to buy back the shares after listing; an assurance that the issuer will re-invest the IPO proceeds in funds managed by the cornerstone investor; and sharing of underwriting commissions. Translation: Some of the cornerstone investors, including some tycoons and international ...

  4. 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, ...

  5. Business - Money - IPO PREVIEW

    IPO Preview: PICC and the Powl

    Posted Dec 10th 2012, 12:00am by Philippe Espinasse

    ... to have been allotted to them, the offer also said to have been well subscribed. It's not unusual for multibillion-dollar IPOs in Hong Kong to include a so-called Japanese public offering ... and adds to the cost of an IPO. Documentation has to be filed in Japanese (not just at the time of the offering, but on an ongoing basis thereafter), and local auditors also must do work ...

  6. Business - Money - IPO

    There is life in the IPO

    Posted Dec 31st 2012, 12:00am by Philippe Espinasse

    ... Philippe Espinasse moneypost@scmp.com Spurned IPOs may be set for a small resurgence Like an endangered species clinging on to the last remnants of its natural habitat, the Hong Kong ... investors, like many around the world, bunkered down, piling into bonds but largely spurning stocks and, in particular, IPOs. But there are signs of a turnaround. People's Insurance Co (Group) ...

  7. Business - Money - IPO

    IPO research: theory and practice

    Posted Dec 03rd 2012, 12:00am by Philippe Espinasse

    ... Pre-IPO research has once again been in the spotlight in two recent Hong Kong transactions. In both, the issuers were said to have been leaning on brokers to produce valuations that met their expectations. According to FinanceAsia , in the case of the People's Insurance Company (Group) of China's IPO, the banks were allegedly threatened with a downgrade in their pecking order ...

  8. Business - Money - IPOS

    Handbag IPO fails to carry its price

    Posted Nov 05th 2012, 12:00am by PHILIP ESPINASSE

    ... Philippe Espinasse moneypost@scmp.com Handbag IPO fails to carry its price Second-hand luxury handbag retailer Milan Station made headlines last week as it warned of an expected loss ... for Milan Station's IPO was subscribed a record 2,179 times and its share price rose 66 per cent upon listing. But at time of writing, the stock was more than two-thirds below its offer price. ...

  9. Business - Money - IPO PREVIEW

    IPO Preview: Roadshows

    Posted Aug 20th 2012, 12:00am by Philippe Espinasse

    ... a prospective IPO issuer will ask bankers pitching to lead its flotation. The idea of visiting the world's main financial centres over just a couple of weeks might seem exciting. Chief executives ... Management will only travel to New York and Boston if the deal is aimed at large, US institutional investors. Failing this, the trip will remain confined to Asia and Europe. For smaller IPOs, most ...

  10. Private deals cornering theIPO market

    Posted Jul 30th 2012, 12:00am

    ... with a healthy appetite- before the shares go on sale to the public. As market conditions have worsened in the past two months, several companies launching initial public offerings (IPOs) of shares have ... of their investments could leave them vulnerable to losses should the share price take a big hit. In early 2008, Hong Kong Exchanges and Clearing (HKEx) tried to restrict cornerstone investments in IPOs ...




SCMP.com Account