Tag: zhongsheng

Equities

ZhengTong raises $470 million from Hong Kong IPO

Investors like ZhengTong's growth story, but the deal still prices below the mid-point.

By Lillian Liu | 6 December 2010

Equities

Sofa maker halves IPO size due to soft demand

Man Wah trims its initial public offering to $212 million, while paper recycling company Fook Woo prices at the top to raise $185 million.

By Lillian Liu | 26 March 2010

Equities

Zhongsheng resumes IPO, but halves the size

The Chinese car dealer decides to sell a smaller portion of its enlarged share capital at this time, believing that the stock will command a higher valuation in the long term, ...

By Lillian Liu | 10 March 2010

Equities

Toyota sales agent puts $1 billion IPO on hold

Bankers blame the current market conditions for Zhongsheng's decision to postpone the deal, but analysts say lofty price expectations by the issuer also played a role.

By Lillian Liu | 4 March 2010

Equities

Zhongsheng tests Hong Kong IPO market with $1 billion share sale

IPOs are expected to continue despite the bumpy markets, but analysts say listing candidates will need to either reduce their target sizes or offer discounted prices.

By Lillian Liu | 23 February 2010

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