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  • September 20, 2014
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Results 1 - 10 of 232 for offshore yuan trading

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  1. Business - China Business - LISTINGS

    Sinopec plans US$1.5b listing for oilfield service unit

    Posted Aug 23rd 2014, 01:06am by ERIC NG AND REUTERS

    ... rose to 18.44 billion yuan (HK$23.2 billion) for the April-June period from 13.58 billion a year earlier, the company said in a filing with the Shanghai exchange. Sinopec also seeks to sell ... group that are publicly traded include Sinopec Shanghai Petrochemical and Sinopec Yizheng Chemical Fibre. Sinopec had 18 subsidiaries at the end of last year, of which eight are wholly owned. Fu ...

  2. Business - Banking & Finance - LISTINGS

    China Galaxy Securities closer to 8b yuan IPO

    Posted Sep 02nd 2014, 12:19pm by Daniel Ren

    ... nearly 8 billion yuan (HK$10.08 billion) on the Shanghai Stock Exchange to spearhead a new round of fundraising by Chinese brokerages. According to the preliminary prospectus published by the Beijing-based firm over the weekend, it would float a combined 1.69 billion A shares, and based on the closing price of its H shares yesterday, the proceeds would top 7.7 billion yuan. “The publication ...

  3. Business - Money - LISTINGS

    Mainland IPO approvals send shares down amid liquidity worries

    Posted Sep 16th 2014, 02:33pm by Daniel Ren

    ... cent first-day trading cap. Funds worth 846.5 billion yuan were tied up in the subscriptions to the 11 offerings approved last month, up 29 per cent from the advance payment for new shares ...

  4. Business - Money - LISTINGS

    China's Car Inc raises HK$3.4b in IPO after rush from retail investors

    Posted Sep 18th 2014, 10:01am by Benjamin Robertson

    ... of brokerage firm KGI Asia. "Some named cornerstone investors in the deal also enhanced market confidence." The mainland's car rental market is forecast to surge to 65 billion yuan (HK$82 billion) by 2018 from 34 billion yuan last year, the company said in its draft IPO prospectus. The mainland's market for short-term self-drive car rentals was expected to grow ...

  5. Business - Money - LISTINGS

    Biscuit maker Jiashili opens orders for HK$370m IPO

    Posted Sep 15th 2014, 12:18pm by Benjamin Robertson

    ... It is China’s sixth-largest biscuit manufacturer with 3.1 per cent of the market, according to Euromonitor analysts. Jiashili reported last year revenues of 747 million yuan (HK$943 million), a 15 per cent year on year increase, and a net margin of 9.3 per cent. The company had net current liabilities of 66.2 million yuan at the end of July and a further 4.4 million yuan liability in unpaid ...

  6. Business - Money - LISTINGS

    Small US ETFs poised for Alibaba IPO bonanza

    Posted Sep 18th 2014, 10:14am by Reuters

    ... Reuters in Chicago For a handful of US exchange traded funds, Alibaba’s initial public offering has the potential to be a bonanza: they can make the Chinese e-commerce company available ... after Alibaba begins trading on Friday on the New York Stock Exchange. These ETFs include two funds from boutique asset manager Kraneshares, a specialist in Chinese stocks, and two from ETFs ...

  7. Business - Money - LISTINGS

    More funds flow to Alibaba's anticipated record-smashing IPO

    Posted Sep 17th 2014, 05:39am by BIEN PEREZ

    ... come soon enough. Following Alibaba's filing on Monday that showed a higher IPO price range, shares of Tencent and a bevy of large United States-traded internet firms got hammered ... in China and across Asia, saw its share price close down 1.94 per cent to HK$121 yesterday in Hong Kong. Shares of Nasdaq-traded Baidu, China's top online search service, fell 3.32 per cent ...

  8. Business - Money - LISTINGS

    China's largest car rental firm unveils Hong Kong listing

    Posted Sep 05th 2014, 10:46am by Reuters

    ... on September 11, with shares starting to trade on the stock exchange on September 19. The mainland's car rental market is forecast to surge to 65 billion yuan (HK$82 billion) by 2018 from 34 billion yuan last year, the company said in its draft IPO prospectus, citing estimates from industry consultancy Roland Berger. Long-term rentals of more than 90 days, which are mostly used ...

  9. Business - Money - LISTINGS

    Chinese restaurants starved of IPO funds as lavish meals taken off menu

    Posted Sep 15th 2014, 04:40am by Daniel Ren

    ... restaurants across the country reported a 1.8 per cent decline in sales last year to 818 billion yuan (HK$1 trillion). Between 2011 and 2012, the catering sector was a bright spot of the economy, ...

  10. Business - Banking & Finance - LISTINGS

    Investors see reason for caution in IPO market amid Alibaba fever

    Posted Sep 12th 2014, 10:14am by Reuters

    ... over the first three months of trading, compared with 36 per cent in 2013 and 23 per cent in 2012, according to research firm Dealogic in New York. “With the exception of mature companies like ... Kathleen Smith, who manages Renaissance Capital’s exchange-traded fund for flotations. MediWound, a biopharmaceutical company, serves as a cautionary tale. Its shares are down 60 per cent from ...




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