Chinese firms are flocking to the initial public offering market in the United States in their biggest numbers since 2010, drawn by soaring valuations for technology start-ups and undeterred by a flare-up in an accounting row between Washington and Beijing.Wednesday, 12 February, 2014, 12:17am
What the chart tells you is that fare levels on the Mass Transit Railway are almost exactly where they were 10 years ago, while the overall consumer price index is up 25 per cent over that period.31 Mar 2013 - 2:08am 12 comments
Zhao Huxiang said Nanjing Tanker would be suspended from the Shanghai stock exchange this year if it reported a net loss for 2012, which would be its third consecutive negative result.21 Mar 2013 - 5:20am
According to the state-owned Securities Daily, 70 per cent of the 100 "special treatment" firms that have published their forecast performances for last year said they would turn to profits.6 Feb 2013 - 4:43am
Proview International has avoided delisting from the Hong Kong stock exchange, following a review of the company's proposed initiative to jump-start its operations.24 Jan 2013 - 4:58am
Without much public fanfare or even awareness except in the gloomy world of bean-counting accountants, China and the United States have embarked on yet another business collision course. Patrick Chovanec, the respected Tsinghua University-based American academic asks whether they can avert an "accounting Armageddon".12 Dec 2012 - 4:04am
The depressed valuations at which some Chinese companies are trading on stock markets in the United States may prompt their controlling shareholders to take the companies private, a top China banker says.29 Oct 2012 - 5:08am
Mainland-based budget hotel operator 7 Days Group Holdings has received an offer to be taken private by a consortium of investors, including its co-chairmen, making it the latest Chinese company to try to delist from the US stock market.
The offer values the Guangdong-based hotel chain, which operates 1,132 hotels on the mainland, at about US$635 million.28 Sep 2012 - 2:54am
The mainland's top securities regulator plans to expel perennial loss makers from the stock market.
Guo Shuqing, appointed chairman of the China Securities Regulatory Commission (CSRC) in October, intends to set up a delisting mechanism in the first half of this year.6 Mar 2012 - 12:00am
Collapsed aluminium products maker Ocean Grand Holdings may be delisted from September 12, the stock exchange said yesterday.
Hong Kong Exchanges and Clearing said that since Ocean Grand had been suspended from July 2006 and had not submitted a resumption proposal, it had entered the third stage of the delisting process.13 Mar 2008 - 12:00am
On Hong Kong's Growth Enterprise Market, long-term suspensions are all too common.
Whenever a GEM company has run into problems over the past few years - from the disappearance of key officers to questions about the validity of publicly disclosed financial information - shareholders have been left in limbo while the shares are suspended for long periods.16 Feb 2005 - 12:00am
Provisional liquidators come up empty-handed in search for those willing to undertake restructuring
Euro-Asia Agricultural (Holdings), once the poster child for private enterprise in China, could be delisted from Hong Kong's main board after its provisional liquidators failed to produce a new restructuring proposal by Saturday's deadline.4 May 2004 - 12:00am
Jilin Chemical Industrial's A shares were suspended from trading yesterday after the company posted its third consecutive annual net loss, of 1.02 billion yuan (about HK$956 million), for last year, even though it turned in a net profit of 193.29 million yuan in this year's first quarter.26 Apr 2003 - 12:00am
Legislators have invited the public to give their views on the penny-stock panel's report, while Hong Kong Exchanges and Clearing (HKEx) has decided to follow many of its recommendations.
In a rare move, the Legislative Council financial affairs panel yesterday issued a statement on a government Web site inviting individuals or organisations to express their views.17 Oct 2002 - 12:00am
Speeding up the listing process to attract more mainland and regional companies to the SAR will be the top priority of Hong Kong Exchanges and Clearing's (HKEx) revamped listing committee.
Moses Cheng Mo-chi, vice-chairman of the committee, said that unless listing procedures and costs were reduced Hong Kong risked losing blockbuster listings to other exchanges.26 Aug 2002 - 12:00am