Company Listing Change

Tighter profit rules dim hopes of China IPO candidates

The five-month listing drought on the share market since the suspension of new IPOs has helped drive the main market gauge 16pc higher. Photo: Xinhua

Renewed measures by mainland regulators to ease fund-raising pressure on the stock market are expected to force hundreds of initial public offerings to be called off if they fail to meet more stringent listing requirements.

Wednesday, 20 February, 2013, 3:13am

PCCW to control telecoms unit following IPO

PCCW wants to do the spin-off listing of its telecommunications unit in Hong Kong.

The proposed listing would be Hong Kong's first business trust IPO, and would only happen if rules were changed to support such an endeavour. Only property-trust listings are allowed in the city, while Singapore permits various trust floats.

30 Mar 2011 - 12:00am

Ex-All Black delighted at quake fund donation

Former All Black Justin Marshall did a lot of distributing as a world-class scrumhalf but he was delighted to see someone else doing the giving in the form of a surprising donation this week.

In town to play for the BGC Barbarians in the Tens, Marshall was exhilarated to see the US$100,000 contribution from BGC to the New Zealand quake relief.

26 Mar 2011 - 12:00am

Shimao set to cash in on its tourism assets

Shimao Property Holdings is considering spinning off its tourism-related property arm, including hotels, theme parks and golf courses, after announcing a 41 per cent rise in underlying full-year profit last year.

'We are doing preparation work now, but [there's] no timeframe for the listing at the moment,' said vice-chairman and executive director Jason Hui Sai-tan.

23 Mar 2011 - 12:00am

Lontoh Coal details plans for growth after HK float

Lontoh Coal, which aims to be the first African firm to list in Hong Kong by raising up to US$500 million by the end of the year, plans to spend up to US$775 million to expand output capacity, build port and rail facilities and a coal-to-liquid fuel plant.

23 Mar 2011 - 12:00am

BYD predicts 15pc growth in car sales

Battery and carmaker BYD said it expects its car sales this year to grow at the same pace as China's overall car market, a day after reporting a dismal drop in profits and average sales growth last year.

15 Mar 2011 - 12:00am

Lai See

All guests at Conrad are VIPs, but please wait for another lift

11 Mar 2011 - 12:00am

Resourcehouse revives plan for US$3b offering

Australian billionaire Clive Palmer's mining company Resourcehouse has revived its US$3 billion Hong Kong listing plan despite recent market jitters from the political tensions in the Middle East and North Africa.

2 Mar 2011 - 12:00am

Lai See

Assessing the true value of INEDS

1 Mar 2011 - 12:00am

Mideast turmoil claims first victim in HK market

The Middle East turmoil has claimed its first high-profile victim on Hong Kong's capital markets.

26 Feb 2011 - 12:00am

Everbright Bank pushes plan to sell H shares

China Everbright Bank plans to list in Hong Kong, raising as much as HK$47 billion and setting the trend for many other smaller banks in need of capital.

22 Feb 2011 - 12:00am

Shenzhen manufacturers get the taste for e-cigarettesShenzhen firms get taste for e-cigarettes

ZYS Technology began corporate life two years ago as a maker of digital navigational instruments and video handsets. Then the Shenzhen-based company got fired up about a new line of business: electronic cigarettes.

'We switched to e-cigarettes at the beginning of 2009' to boost the company's profit, said Yuki Wen, ZYS' sales manager.

18 Feb 2011 - 12:00am

On the Move

Yong Ren Corporate and securities, Hong Kong Mayer Brown JSM

Ren concentrates on private investment funds covering private equity, venture capital, distressed opportunities, real estate, mezzanine, funds of funds and hedge funds in the United States, Asia and Europe. He is a graduate of Yale Law School.

14 Feb 2011 - 12:00am beats forecasts with net profit rise of 36pc

Mainland internet media giant is targeting solid gains this first quarter after posting record revenue and strong net profit in the quarter to December that beat analysts' estimates.

1 Feb 2011 - 12:00am

Poor trading debuts prompt investors to shun mainland IPOs

The recent initial public offerings on the mainland have seen lukewarm response from investors following a series of poor first-day performances.

28 Jan 2011 - 12:00am