• Sun
  • Aug 24, 2014
  • Updated: 5:01am

IPO

Chinese companies head for US listings

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

Tianhe Chemicals IPO follows boss' daughter to UBS

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

JPMorgan stops work on Chinese firm's US$1 billion IPO amid concerns over hiring

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

BAIC Motor aims to raise US$2 billion in Hong Kong IPO in second quarter

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 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

Shuanghui to apply next week for US$6 billion Hong Kong IPO, sources say

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

Tired of bank IPOs? Food firms poised to spice up HKEx’s menu

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

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

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

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