• Fri
  • Sep 19, 2014
  • Updated: 1:03pm


How did international banks miss Citic Pacific's US$36 billion takeover deal?

Jealous. This is the word many Western bankers in Hong Kong will use when they talk about the mega-sized reverse takeover deal of Citic, one of the most important state-owned industrial giants on the mainland.

Tuesday, 1 April, 2014, 8:45am 5 comments

Hong Kong should not be a dumping ground for middling IPOs

"As long as you can meet the listing requirements of the Hong Kong stock exchange, you should definitely go there." That was the clear message from one of the most senior stock market regulators on the mainland when asked about the funding needs of small-sized, capital-hungry private enterprises.

10 Mar 2014 - 10:18am 5 comments

Shaanxi Coal halves fundraising target as regulator tightens scrutiny of IPOs

Shaanxi Coal Industry has slashed the target for its initial public offering by half, seeking to raise up to US$660 million, amid regulatory pressure on listing companies to ensure that the resumption of IPOs in China is not marred by unrealistic valuations.

16 Jan 2014 - 2:56pm

China's listing reform under scrutiny after six firms suspend IPO plans

Six companies have suspended their IPO plans, embarrassing China's securities regulator and providing further evidence that a 15-month long effort to reform the new share sale mechanism on financial exchanges still faces hurdles and scepticism from investors.

14 Jan 2014 - 1:13am 1 comment

Chinese securities regulator approves five new listings, ending year-long hiatus

China’s national securities regulator has approved the public listing of five small- and mid-sized companies in Shanghai and Shenzhen exchanges, ending a year-long freeze on new IPOs.

1 Jan 2014 - 6:24pm

Securities regulator calls for policies to protect small investors

China should implement more policies to protect retail stock investors to ensure the healthy development of the country’s capital market, the head of the securities regulator said on Wednesday.

16 Oct 2013 - 2:32pm

China punishes two brokerages in IPO fraud crackdown

China’s securities watchdog has punished two brokerages for violating rules in helping fraudulent firms to list shares, underlining Beijing’s determination to bring credibility to a stock market some have likened to a casino.

29 Aug 2013 - 4:13am

A decade of growth but no sign of a fair share

The mainland economy is five times as big as it was 12 years ago but Shanghai's stock market has gone nowhere amid barriers to profitability.

30 Apr 2013 - 4:28am 4 comments

China mutuals told to buy more stocks to boost market

The mainland's securities regulator is ratcheting up pressure on mutual funds to increase equity purchases after the key stock market indicator lost nearly 3 per cent this week. The move was seen as the first substantial step by the newly appointed chief regulator, Xiao Gang, to support the beleaguered stock market since he took office five weeks ago.

27 Apr 2013 - 5:56am

Strict checks fail to deter IPOs

An attempt by China's securities regulator to slow the so-called quake lake of listing applications on the mainland may turn out to have been a botched strategy, with fewer than expected companies voluntarily withdrawing their listing plans during the enforced re-examination campaign.

2 Apr 2013 - 4:11am