Jin Wang "Sand stocks" comeback

Source: Internet
Author: User
Keywords Iron ore producers investor mentality Mong Field
"Washington News" (reporter Di Mengyu) Beijing BBMG (2009) stepped into the second day of the IPO, as a result of the sharp rise of nearly 700 points in the market yesterday, a slight change in the investor mentality, coupled with the 4 securities brokers who had already taken out the loan in Friday, the 9 new brokers had only 6.5 billion yuan, but the total amounted to 84 billion yuan, Equivalent to 140 times times the public offering.   However, the "BBMG", which was driven by the hot explosion of the market and abandoned the IPO at the end of last year and earlier this year, has already restarted the listing scheme. Securities dealers water to do BBMG only added 6.5 billion Prudential Securities joint director Ban said, yesterday, the market was active, the stock index made good, the whole atmosphere and the previous uncertainty of the situation is different, investors in addition to speculation of new shares there are other options, plus the large subscription of retail investors have been on the first day of the IPO (17th) to fly, So the amount of the show yesterday is not big.   He predicted that in the current market conditions, BBMG listed on the first day of the stock price rose 30% no problem. Mainland three major insurance 1.4 billion into the fly in addition, local media quoted the source as saying that, in addition to the National longevity Group to become the cornerstone of the golden corner of investors, the mainland's three major insurance companies (2318), PICC (2328) and the Pacific Insurance total investment of 180 million U.S. dollars (about 1.4 billion yuan), through the international placing subscription for the corner , the unit's international placements exceed 40 times times the purchase.   However, due to the bbmg of the international allocation amount is also very tight, so the flat, insurance, and Pacific security has not been divided into shares of funds, the former stake in about 620 million yuan, the latter two companies were subscribed to about 390 million yuan respectively. Minsheng Banking is one of the most anticipated new stock markets in the second half of Hong Kong. According to foreign quoted the bank's senior officials, the IPO will not introduce foreign strategic investors, mainly because the bank does not have a particularly suitable offshore financial institutions as a strategic partner, on the other hand, some of the old shareholders are unwilling to introduce foreign institutions, "although there is such a desire, but not operable."   Minsheng Bank said earlier that it hoped to complete the 20 billion yuan listing financing plan by the end of the year. In the fourth quarter of the iron ore International plan, the IPO market has improved, and many companies have restarted the listing plan shelved last year. According to foreign sources, the country has a comeback in the iron ore field, and is scheduled to raise 51 billion dollars (about 397.8 billion yuan) in the fourth quarter. The iron ore international formerly known as Hong Kong Dragon Ming Investment, last year Temasek and Goldman Sachs Gaohua Chairman Fang Fenglei created a total stake in 300 million U.S. dollars.   If the stock is successfully listed, Hopu will be able to withdraw its investment fund for the first time. Iron Ore international was scheduled to be listed last year to raise 1 billion U.S. dollars, after the financial tsunami shelved, earlier this year, the resumption of the IPO, but the amount of fund-raising cut by 50%.   In addition, Chinese vanadium and titanium, the same as the mainland's iron ore producers, are also hoping to make a comeback, which is planned to come to Hong Kong in the fourth quarter of this year or early next year. Wilmar International plans to split the mainland business according to Market news, Wilmar International or in the first half of 2010 to split the mainland business to Hong Kong listing, fund-raising 304 billionUS Dollar (HK $23.4312 trillion). The company is the world's largest palm oil company based in Singapore. Sources said that Wilmar International has asked its financial advisers BOC International, Goldman Sachs and Morgan Stanley to prepare for the sale of shares in Hong Kong, the project also from "research feasibility" into the "launch" phase, is expected to be listed in the first half of next year.
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