SOEs replace tycoons, institutions in China IPOs
Bloomberg published this morning an interesting article on Chinese State-owned enterprises replacing tycoons and institutions as cornerstone investors in the nation’s IPOs. read
Tag: Cornerstones
Espinasse on CNBC’s “Cash Flow”
I was back in CNBC’s Hong Kong studio this morning for live interviews with anchors Emily Chan and Oriel Morrison to comment on local IPOs. read
China Daily interview
I was interviewed by Sophie He from the China Daily’s Hong Kong edition for an article entitled “IPO’s second wind” as part of the newspaper’s Hong Kong Competitiveness report. read
Galaxy Securities, Sinopec Engineering to set tone for HK IPOs
I was interviewed by Reuters and Bloomberg again to comment on the IPOs of China Galaxy Securities (US$1.1 billion) and Sinopec Engineering (expected to raise US$1.8 billion), which are indicative of a pick-up in IPO activity in Hong Kong. read
Chinese IPOs are at record lows
I was back in Hong Kong’s RTHK 3 radio studio this morning, interviewed by anchor Reenita Malhotra Hora in the “Money for Nothing” programme, to talk about Chinese IPOs, both in the mainland and in the Special Adminstrative Region. read
CMEC launches its Hong Kong IPO
China Machinery Engineering Corporation is in the market to raise up to US$500 million equivalent through an accelerated offering, targeted at Regulation S (and Hong Kong retail) investors only – probably one of the last IPOs in Hong Kong this year. read
Another (full) round of interviews
I was, again, solicited by the financial media this morning, to comment on the IPO trading debut of PICC Group’s US$3.09 billion IPO. read
Will PICC’s IPO take off like a rocket?
People’s Insurance Company (Group) of China, otherwise known as PICC, is set to hit the market in Hong Kong this month in what could potentially make it the largest IPO in Asia (excluding Japan) this year. read
Milan Station shows investors how not to spend it
Second-hand luxury handbag retailer Milan Station made headlines last week as it warned of an expected loss for this year, which it said was to be blamed on continued slow demand for luxury goods. read
How lock-ups really mess the stock up
Everyone knows that Hong Kong’s IPO market is going through tough times. New deals are rare, depriving punters of a once favoured way of betting on equities and generating quick gains. read