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
Mary had a little lamb, Joyce Wei has an IPO. Wherever the daughter of Tianhe Chemicals chairman Wei Qi goes, follows the potential US$1 billion IPO deal.
First, it was JP Morgan Chase that was supposed to be working on the initial public offering of the Liaoning-based company. Joyce Wei was then working as an investment banking associate there.22 Jan 2014 - 4:37pm 9 comments
For the second time in three months, JPMorgan Chase has ceased working on a major Chinese initial public offering amid a US investigation into the Wall Street giant’s hiring practices.21 Jan 2014 - 4:49pm
Chinese carmaker BAIC Motor, partly owned by Germany’s Daimler, plans to raise up to US$2 billion in a Hong Kong initial public offering in the second quarter of this year, IFR reported, citing sources familiar with the plans.17 Jan 2014 - 4:01pm
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
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
Shuanghui International, China's largest meat processor, plans to apply as early as next week for a listing on the Hong Kong stock exchange to raise up to US$6 billion, making it one of the biggest initial public offerings in Asia in recent memory, said people familiar with the situation.14 Jan 2014 - 8:49am
Investors bored with listings of mainland banks and technology firms in the past few years will soon find a new flavour in the Hong Kong stock market - several food and restaurant operators are queuing up to go public in the world's second-most sought-after listing destination after New York.9 Jan 2014 - 5:03am
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
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.
The company said it expects its offering to be priced in the range of US$18 to US$20 per share and will use the proceeds primarily to repay debt.3 Dec 2013 - 2:12pm