Xiamen Ports launches roadshows

China port operator hopes ''pure'' appeal will draw investors.

Chinese port operator, Xiamen Ports, is hoping recent momentum in the Hong Kong IPO market will counter the continuing poor performance of global shipping stocks. The BNP Paribas Peregrine led deal is aiming to raise HK$1 billion $130 million to HK$1.28 billion $156 million from its IPO based on a price range of HK$1.18 to HK$.142 and issue of 858 million shares.
Pricing is scheduled for December 9.

It now seems likely the company will list as a conventional H-share, despite speculation it would list with all of its government-owned shares freely convertible into H-shares. However, specialists say that technical issues with the stock exchange...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222