• Sat
  • Dec 20, 2014
  • Updated: 8:35am

IPO

Wanda's AMC cinema chain seeks to raise US$368 million in IPO

Dalian Wanda, which bought AMC last year, now wants to take it public. Photo: AFP

US cinema chain AMC Entertainment plans to raise as much as US$368 million from an initial public offering of 18.4 million Class A shares.

Tuesday, 3 December, 2013, 2:12pm

IPO hopeful's business is built on a dead certainty: hundreds of millions of Chinese will die one day

One of the properties run by Fu Shou Yuan, in Shanghai, from where the company has expanded across the mainland. Photo: SCMP

Before Santa Claus visits Hong Kong this Christmas, a mainland firm in the “death care” business aims to go public in the city, offering investors the gift of a rare opportunity to make some quick cash, bankers say.

4 Dec 2013 - 3:59am

Hilton Worldwide listing hopes to raise US$2.37 billion

Hilton has more than 4,000 properties worldwide. Photo: Reuters

Hilton is offering about 64.1 million shares, and selling shareholders are offering 48.7 million shares. Selling additional shares to banks could put the initial public offering's proceeds at as much as US$2.72 billion.

4 Dec 2013 - 1:55am

Tighter scrutiny dampens Chinese companies' enthusiasm for IPO in the US

There have been six Chinese flotations in the US this year raising US$595.18 million, against 15 in 2011 that raised US$2.01 billion. Photo: AFP

Stricter regulatory oversight of Chinese companies listed in the United States has caused the frequency of initial public offerings by mainland firms in the world's biggest economy to fall sharply.

30 Nov 2013 - 1:55am 1 comment

Mainland financial firms lining up for Hong Kong IPO watch as second Chinese bank makes muted debut

Huishang Bank's business is more retail-based than Bank of Chongqing's. Photo: SCMP Pictures

Huishang Bank became the second Chinese lender in just over a week to make a lacklustre Hong Kong debut, underscoring lukewarm investor appetite for the Chinese financial sector despite a likely raft of listings on the way.

12 Nov 2013 - 1:31pm

Alibaba in talks with London bourse after Hong Kong snub

Jack Ma, chairman of Alibaba, and his team are talking with the London Stock Exchange. Photo: Reuters

Alibaba, China's No 1 e-commerce firm, is considering a London listing as part of its potential US$15 billion share-sale plan.

22 Oct 2013 - 5:34pm

Huishang Bank to pre-market IPO up to HK$1.2b on Monday

Huisheng Bank will commence marketing its IPO at the the HKSE. Photo: SCMP Pictures

China’s Huishang Bank Corporation Limited is set to pre-market its Hong Kong initial public offering on Monday, seeking to raise US$1-US$1.2 billion, IFR reported on Friday.

18 Oct 2013 - 2:40pm

Will the dealmakers go to Shanghai's financial centre?

Photo: AFP

How can Shanghai get ready to be a financial centre by 2020? We've talked about world-class infrastructure, freedom of capital flows, and of course the rule of law. But are we missing a basic requirement - people?

7 Oct 2013 - 7:12am

Response to Westports offering signals pent-up demand for Southeast Asian IPOs

Westports' market reception could provide a boost for other forthcoming IPOs. Photo: Reuters

Westports, the operator of Malaysia’s busiest port, priced its initial public offering at the top of its projected range to raise US$680 million, signalling a boost for Southeast Asia’s capital markets on pent-up demand for emerging market stocks.

1 Oct 2013 - 2:58pm

Alibaba in no rush to float in Hong Kong this year

Jack Ma's main concern is about the control of Alibaba. Photo: AFP

Alibaba Group may postpone its potential HK$100 billion listing plan to 2015 if the mainland's top e-commerce firm cannot get a deal done in Hong Kong this year. 

13 Sep 2013 - 7:51am 1 comment

Haitong diversifies as fee war rages on

Lin Yong, Haitong International Securities

Hong Kong's highly competitive stockbroking business has forced one of the mainland's largest brokerages to transform itself into a universal bank in an effort to rely less on fee-based income and to add new and stable profit streams.

26 Aug 2013 - 6:51am

Alibaba's plans for US$15b listing in Hong Kong in doubt

Alibaba's plans for US$15b listing in Hong Kong in doubt

Alibaba chairman Jack Ma’s manoeuvring to keep management control of the company he founded has  derailed plans for a possible US$15 billion listing of the firm’s shares in Hong Kong this year.

16 Aug 2013 - 9:02am

Control issue clouds Alibaba's Hong Kong IPO

Jack Ma Yun, Chairman of Alibaba group. Photo: Xinhua

Prospects for a Hong Kong listing this year for Chinese internet giant Alibaba have dimmed dramatically in the wake of disclosures by investment bankers that the mainland's No1 e-commerce firm is wrestling with how to keep management control after shares are sold to the public.

16 Aug 2013 - 7:31am

US man pleads guilty in US$13m Facebook share case

Electronic screens show the price of Facebook shares after they began trading in New York on June 27, 2012. Photo: AP

An investment adviser pleaded guilty Tuesday in a US$13 million (HK$100.8 million) securities fraud scheme that prosecutors say capitalised on enthusiasm for shares of Facebook and other Internet companies about to go public.

26 Jun 2013 - 10:59am

Investor risk lurks in legal structure of China IPOs: lawyers

Alan Guo, chief executive of Light In The Box, watches as a price is set during his company’s IPO at the New York Stock Exchange. Photo: Reuters

As the US market for Chinese stock offerings revives, some experts are warning that American investors could be left out in the cold if a company faces problems, due to an unusual business structure employed by many Chinese companies.

24 Jun 2013 - 12:09pm