Chinese IPO's back to the fore

As state-owned China Aluminium continues to roadshow across the globe, two privately-owned Chinese companies test investor demand for their prospective IPO''s.

Zhejiang Glass, which completes roadshows today Friday and Clear Media, which began pre-marketing on Monday, are at the forefront of a new wave of privately-owned Chinese companies hoping to access equity capital on the Stock Exchange of Hong Kong. Bankers report that a growing number of RFP's Requests for Proposals are being issued by similar entities on the Mainland in a signal that the government is actively pushing the private over the public sector.

As one banker puts it,...

To continue reading, please login or register for free

Click for more on: chinese | ipos | back | fore

Print Edition

FinanceAsia Print Edition