• Sat
  • Sep 20, 2014
  • Updated: 8:52pm

Equity Securities

To B or not to B? A question of reform

Speculation that Beijing will drastically overhaul the nation's slumbering hard-currency B-share market has reached fever pitch as the plummeting price of one of the companies on the board sends the firm to the brink of delisting.

Wednesday, 15 August, 2012, 11:05pm

CSRC to scrutinise cash positions of listed firms

The mainland's securities regulator is inspecting listed firms to identify those that have not allocated a reasonable amount of cash for dividend payouts.

11 May 2012 - 12:00am

Tailor-made offering, profits make material difference

China Outfitters is an excellent example of how an attractive company can come back from a failed deal. The issuer at time of writing had covered its initial public offering and was preparing to price the deal.

It was a much different outcome from the one seen in June, when the firm tried and failed to bring a US$340 million deal to the Hong Kong exchange.

5 Dec 2011 - 12:00am

Mainland still expanding global investments

Investments overseas by deep-pocketed mainlanders will hit new records if the strong growth in the first half is maintained for the rest of the year.

While a second global financial crisis could stall some deals already in the pipeline, accounting giant PricewaterhouseCoopers said the outlook was still optimistic.

16 Aug 2011 - 12:00am

Samsonite takes a knock on opening day in HK

Luggage maker Samsonite International yesterday became the latest float to sink on its debut as investors turn cold on initial public offerings.

The US-based company fell as much as 11 per cent on its first day of listing, losing a total of 7.72 per cent before closing at HK$13.38.

17 Jun 2011 - 12:00am

Phoenix unit targets US$205.6m

Phoenix New Media, a subsidiary of Hong Kong-based Phoenix Satellite Television Holdings, intends to offer about 12.8 million American depositary shares priced between US$12 and US$14 in its spin-off listing in the United States.

29 Apr 2011 - 12:00am

There's more to life than money

From living in the shadow of his billionaire father Warren Buffett, to forging his own path in life, Peter Buffett has cultivated important values that earn him the 'rewards of self-respect and peace of mind'.

14 Aug 2010 - 12:00am

Wing On Travel tumbles on plan to raise funds

Wing On Travel spooked investors yesterday after announcing plans to tap the market for more than HK$800 million with its fifth major fund-raising plan in the past 2 1/2 years.

10 Dec 2009 - 12:00am

SRE to raise US$155m to repay debt

Mainland property developer SRE Group plans to raise as much as US$155 million from sales of convertible bonds and shares to refinance debts, market sources said.

The company is selling US$60 million worth of yuan-denominated convertible bonds, according to a sales document sent to fund managers. The five-year bonds will pay an interest of 5 to 6 per cent every six months.

30 Jun 2009 - 12:00am

Online education firm prepares to list on NYSE

China Distance Education, a provider of online education and test preparation courses for professionals on the mainland, plans to raise US$96.8 million by listing on the New York Stock Exchange this month.

The company would offer 8.8 million American depositary receipts at between US$9 and US$11 each, sources said. Each ADR represents four ordinary shares.

17 Jul 2008 - 12:00am