• Tue
  • Jul 29, 2014
  • Updated: 11:08pm

IPO

Commercial niche may be worth a small bet

What distinguishes the listing candidate Wuzhou International Holdings from other Hong Kong-traded mainland developers? While many mainland players primarily focus on residential property developments, Wuzhou International builds and operates wholesale markets and commercial complexes in industrial cities, mainly in the Yangtze river delta area.

Saturday, 1 June, 2013, 4:19am

Wuzhou opens retail pitch in HK$1.7b offering

Wuzhou International, which focuses on development and the operation of wholesale markets and commercial complexes in the Yangtze River Delta and Jiangsu province, begins the public offering today. It will close on June 5.

31 May 2013 - 4:41am

Hopewell Hong Kong looks to raise HK$6b in IPO

Hopewell Hong Kong Properties, a unit of Hopewell Holdings, launched on Thursday an up to US$780 million (HK$6.05 billion) Hong Kong initial public offering.

31 May 2013 - 12:23am

Harmony Auto defies dim market outlook

Another luxury car dealer, another growth story about the mainland's luxury car market? China Harmony Auto Holding, BMW's largest dealer in central China, hopes the story will fetch it HK$2.44 billion in the capital market.

30 May 2013 - 3:55am

Developer Wuzhou begins IPO campaign

The company, based in Wuxi, Jiangsu province, kicks off a pre-marketing campaign today after having won listing approval from the stock exchange this month, two people familiar with the deal said.

27 May 2013 - 5:02am

Mando calls off public offering

Car parts maker Mando China Holdings, the first South Korean company to seek a listing in Hong Kong, has postponed its HK$2.09 billion initial public offering.

The decision is prompting fresh worries about the outlook for equity markets after another volatile session yesterday.

The spin-off from Mando Corp of South Korea makes brakes, steering columns and suspension systems.

25 May 2013 - 2:53am

Malaysia tycoon plans IPO of football club Cardiff City: sources

Malaysian billionaire Vincent Tan is exploring an IPO of U.K football team Cardiff City as early as this year, people with knowledge of the matter told Reuters, in a deal that would follow the team’s recent promotion to the Premier League.

24 May 2013 - 1:23pm

China IPOs: still not ready for prime time

Everyone is hailing the success of two massive China IPOs this week that seems to herald a new uptick in the moribund sector, with relatively strong debuts for offerings from Galaxy Securities and Sinopec Engineering. But I'm going to go ahead and play the contrarian.

23 May 2013 - 10:29am

Mando China eases price squeeze in suppliers deal

Car parts maker Mando China, which is launching its initial public offering in Hong Kong, plans to offset the downward pressure on the selling prices of its major products by shifting some of its costs to raw material suppliers and speeding up automated production.

20 May 2013 - 4:18am

Galaxy Securities IPO raises HK$8.3b

The state-owned brokerage firm sold 1.57 billion shares at HK$5.30 per share, near the bottom of its range between HK$4.99 and HK$6.77, after investor concern over its profitability and growth strategy in the highly fragmented mainland brokerage market.

16 May 2013 - 3:53am