The Nasdaq China Index, which tracks major Chinese stocks trading in the US high-tech stock market, has dropped nearly 20 percent in fewer than 40 days, from 3.45 on May 2 to 6.83 on June 10. Moreover, the price of Chinese stocks, including Sino-Forest Corp and Yongye International Inc, has plunged more than 50 percent.
Published News » Stocks
Investments: Chinese Dot-Com on Nasdaq becoming Dot-Con?
Posted by admin (#1) 227 days ago (http://www.qiaolab.com)Yanzhou may raise over US$1b in IPO -- Shanghai Daily | 上海日报
Posted by admin (#1) 256 days ago (http://www.shanghaidaily.com)
YANZHOU Coal Mining Co, China's fourth-largest producer, may raise more than A$1 billion (US$1.1 billion) in an initial public offering for at least a third of its Australian unit by the end of the year.
The company...
The company...
Shanghai's Int'l Board prepares for trade
Posted by admin (#1) 287 days ago (http://www.chinadaily.com.cn)
China's regulators may allow 10 foreign and overseas-listed Chinese companies to sell shares in Shanghai under a trial program after two years of preparation, the 21st Century Business Herald reported, citing a draft plan.
Companies seeking to list on Shanghai's so-called international board should achieve a market capitalization of more than 30 billion yuan ($4.6 billion) and have a combined
Companies seeking to list on Shanghai's so-called international board should achieve a market capitalization of more than 30 billion yuan ($4.6 billion) and have a combined
Bluestar Adisseo seeks .56b in HK IPO
Posted by admin (#1) 449 days ago (http://www.myeuropecenter.com)
Bluestar Adisseo Nutrition Group, the French animal-nutrition company backed by China National Chemical Corp (ChemChina), is seeking HK$12.08 billion ($1.56 billion) in a Hong Kong initial public offering, according to a term sheet sent to investors.
Bluestar Adisseo is offering 2.3 billion shares, or 25 percent of the company, at HK$3.50 to HK$5.25.
Pricing the stock at the top end of the
Bluestar Adisseo is offering 2.3 billion shares, or 25 percent of the company, at HK$3.50 to HK$5.25.
Pricing the stock at the top end of the
Expiry of shares' lock-up period a test for ChiNext
Posted by admin (#1) 459 days ago (http://www.qiaolab.com)
CHINEXT, China's version of Nasdaq, is put to the test this month when a quarter of the outstanding shares of listed firms on the market become tradable.
It is very likely that shareholders, which include venture capital investors, private-equity firms and senior company executives, of the listed start-up companies will sell their holdings after lock-up restrictions expire, analysts said.
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It is very likely that shareholders, which include venture capital investors, private-equity firms and senior company executives, of the listed start-up companies will sell their holdings after lock-up restrictions expire, analysts said.
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BYD plans Shenzhen listing by year's end - People's Daily Online
Posted by admin (#1) 524 days ago (http://english.peopledaily.com.cn)
Domestic automaker BYD has filed an application for a public listing on Shenzhen's A-share market and plans to complete the offering by the end of 2010, Wang Chuanfu, chairman of the board, said at the company's mid-year performance news conference in Hong Kong.
The company earned 2.42 billion yuan in the first half of this year, a 100 percent increase over same period in 2009.
Wang Chuanfu
The company earned 2.42 billion yuan in the first half of this year, a 100 percent increase over same period in 2009.
Wang Chuanfu
China launches stock index futures trading accounts
Posted by erikbenjamin512 713 days ago (http://english.peopledaily.com.cn)
Chinese investors will be able to begin applying on Monday to open accounts for stock index futures trading, the China Financial Futures Exchange said, in a key step toward the long-awaited launch of index futures trade.
The exchange was set to begin taking applications at 9 am, state media reported.
Individuals will be required to have a minimum of 500,000 yuan ($73,206) to open an account
The exchange was set to begin taking applications at 9 am, state media reported.
Individuals will be required to have a minimum of 500,000 yuan ($73,206) to open an account
Investors can apply for accounts to trade stock index futures from 9:00 a.m. Monday, the Shanghai-based China Financial Futures Exchange (CFFE) said Sunday in a statement on its website.
Investors who want to trade stock index futures must have a minimum 500,000 yuan (73,206 U.S. dollars) to open an account, according to the CFFE.
Investors who want to trade stock index futures must have a minimum 500,000 yuan (73,206 U.S. dollars) to open an account, according to the CFFE.
