China IPOs will resume when new rules take effect!

IPO TIME! LET’S GET RICH!

HONG KONG: WEEK IN REVIEW, 16Jun2013

Hong Kong defends its most recent property measures and says expect more in October. Markets are still very rocky. $10bio of Asia IPOs at risk in current market. Hopewell and CAA pull their IPOs. Here’s our top 10 for the trading week gone by.

Freetech Road Recycling Technology (6888) IPO today

• The asphalt pavement maintenance provider is seeking to raise up to HK$863.2 million by selling 260 million shares between HK$2.43 and HK$3.32 each.
• See Global Offering document HERE

CAA Resources – another failed HK IPO

CAA Resources decided to suspend its HK$1.56 billion initial public offering, just before the Malaysian resource firm was scheduled to open its retail book, due to a volatile market. Read More, The Standard

Four Firms set to begin HK IPO Roadshows

Start greasing up your brokers to get that allocation! 

• NW Hotel Investments, US$700mio
• Nexteer Automotive, US$400mio
• CAA Resources, US$77mio
• Freetech Road Recycling Technology, US$111mio

New World hotel trust gets listing approval

HK tycoons are at it again this week. It’s New World’s Chen Yu-tung’s turn.

CHINA: BEFORE THE OPEN, 07Jun2013

Happy Friday. A very light news day as China recovers 1% in US trading and LightInTheBox rises 22% in its debut on the NYSE. Retail fuel price reductions are in effect from today and China Everbright looks forward to an upcoming HK listing. Here’s what you need to know before the open.

IPO GOGOGO!

Home run for China’s first NY IPO this year (LITB, +22%)

Investors signal they are ready (again) to go ALL IN for China.

HONG KONG: CLOSING WRAP, 06Jun2013

Hong Kong shares follow the US and China closing down just over 1% today. Home prices rise 0.2% week on week according to Nomura. Shun Tak takes down 33.3% of Jetstar, Hutch plans to buy O2 Ireland and Hopewell looks to spin off and list its property arm. Here’s what you missed.

It was a busy day of acquisitions for Hong Kong’s tycoons!

Huishang Bank plans US$1bio HK IPO in 2014

Let the over-subscription begin!