Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Post new topic   Reply to topic
Share | 
 

 China IPO Pipeline - Nov 3 globally have ground to a halt 18 min ago

View previous topic View next topic Go down 
AuthorMessage
silkysand
VIP NewsHound
VIP NewsHound
avatar

Posts : 1645
Join date : 2011-08-09

PostSubject: China IPO Pipeline - Nov 3 globally have ground to a halt 18 min ago   Wed Nov 02, 2011 10:05 pm

XE.com

SHANGHAI, Nov 3 (Reuters) - Initial public offerings globally have ground to a halt because

of volatile markets and sovereign debt concerns, shutting off a key supply of funding for

companies and revenue for banks.

In mainland China, companies raised about $34.9 billion from first-time share

sales in the first nine months of the year, down 37 percent from a year earlier, Thomson Reuters

data showed.

Still, companies such as New China Life Insurance Co, China Communications Construction Co and Shaanxi Coal Industry Co are pushing ahead with IPO plans worth billions of

dollars in the coming months, further testing demand in a market where investors have turned

more cautious about new listings.

Following is a list of Chinese companies that have either announced or are reported to be

planning mainland IPOs.



Company Deal size Listing destination Target date

China Communications Construction $3 bln Shanghai IPO application

has been

approved by

CSRC

Shaanxi Coal Industry $2.7 bln Shanghai IPO application

has been

approved by

CSRC

Western Securities $160 N/A IPO application

has been

approved by

CSRC

Soochow Securities N/A Shanghai IPO application

has been

approved by

CSRC

New China Life Insurance $4 bln Shanghai, Hong Kong 2011



Guangfa Bank $5-5 bln Shanghai, Hong Kong 2011



People.com.cn $120 mln Shanghai 2011



People's Insurance Company of China $5-6 bln Shanghai, Hong Kong 2011/2012

Group (PICC)



Beijing-Shanghai High-Speed Railway $5 bln Shanghai, Hong Kong N/A



China Railway Materials $2 bln Shanghai, Hong Kong 2012



Guangzhou Auto N/A Shanghai 2011



Spring Airlines N/A Shanghai 2012



Bank of Shanghai $2.8 bln Shanghai 2011



Taikang Life N/A Shanghai N/A



Jiangsu Jiangyin Rural Commercial $300 mln Shanghai 2011

Bank



Bank of Jiangsu $1.6 bln Shanghai N/A



Shanghai Automotive Industry Corp N/A Shanghai N/A

(SAIC) Group



China Huarong Financial Leasing N/A Shanghai 2011/2012

Beijing Capital International N/A N/A 2012

Airport



Phoenix Metropolis Media Technology N/A Shenzhen N/A



FAW Group N/A N/A N/A



($1 = 6.378 yuan)



(Compiled by Shanghai newsroom; Editing by Jacqueline Wong)

<p>(kazunori.takada@thomsonreuters.com)(+86-21-6104-1799)(Reuters Messaging: kazunori.takada.thomsonreuters.com@reuters.net)
Back to top Go down
View user profile
 
China IPO Pipeline - Nov 3 globally have ground to a halt 18 min ago
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You can reply to topics in this forum
Dinar Daily :: AROUND THE WORLD NEWS and CURRENT EVENTS :: WORLD-
Post new topic   Reply to topicJump to: