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China Says Foreign Direct Investment Jumps
Foreign direct investment in China rose 11.3% on-year in the first four months of 2010, the government said on May 14, suggesting confidence in the world's third-largest economy continued to grow.  Foreign companies pumped in $30.8 billion in direct investment in the country from January to April, the commerce ministry...
May 14, 2010,
www.industryweek.com

China's stocks rebound from seven-month low
China's stocks rose, with the benchmark index rebounding from its lowest level in seven months, as investors speculated recent declines were overdone. Guangzhou Pharmaceutical Co. advanced 4 percent after China International Capital Corp.
recommended investors “stay defensive” by holding health-care and agriculture stocks.  nner Mongolia Yili...
May 6, 2010. 
www.chinapost.com

China may bail out banks if property collapses: Fitch
China may be forced to bail out some of its banks if the nation's property market collapses, Fitch Ratings said.“If we do see a pretty serious correction in the property market, banks' balance sheets will likely be severely impacted and this could at some point necessitate bailouts for the banks,” Charlene Chu, a senior director in Fitch's financial institutions rating...
May 6, 2010.
www.chinapost.com

IPOs Made in USA Catching Up with China 
US initial public offerings, which dried up two months ago, are now outperforming IPOs from Brazil and closing in on China.
The Economic Times, Thursday, April 22, 2010

ETFs for Betting on China 
Following are four ways to invest in China and reap the benefits of its growth.
The Street, Wednesday, April 21, 2010

Five Chinese Firms Make Strong Debuts 
Their shares rose sharply on the ChiNext board for emerging companies.
Forbes, Wednesday, April 21, 2010

Reverse Mergers Shed Shady Image, Surge in U.S. 
A wave of Chinese companies is washing up on U.S. stock exchanges, using transactions called reverse mergers in order to tap lucrative U.S. financing markets while bypassing normal procedures for initial public offerings.
Reuters, Thursday, April 15, 2010

 
China’s Agricultural Bank Said to Hire Banks for IPO
Agricultural Bank of China hired six banks to arrange the Hong Kong portion of what may be the world’s largest initial public offering this year.
BusinessWeek, Wednesday, April 14, 2010

China Tops World IPO Market in First Quarter
Among the more than 200 initial public offerings (IPOs) in the world in the first quarter, nearly half are from the Chinese  market, topping the world in both the number of IPOs and the amount raised.
Global Times, Wednesday, April 14,
2010
 
Yuan Rise Would Drive U.S. Companies' China Profits
U.S. companies selling everything from soft drinks to cars to millions of Chinese are seen as potential investments for those weighing the likelihood of a yuan revaluation by Beijing.
Reuters, Monday, April 12, 2010
 
Emerging Markets On Buying Spree
It's getting to be common news for a Chinese company (usually with links to the government) to buy a foreign commodities producer to secure supplies of coal, oil, iron ore and other assets to fulfill the country's ambitious growth plans.
iStockAnalyst, Monday, March 22, 2010
 
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology, according a survey released Monday. Fully 38 percent of foreign firms questioned by the American Chamber of Commerce say...
examiner.com, March 22, 2010 
 
JPMorgan Eyes Share of China "Green IPO" Rush
U.S. bank JPMorgan will expand its 'new energy' team in China to win more business from what it sees as a trend to increasingly popular "green IPOs," its China chief said on Tuesday.
Reuters, Tuesday, March 9, 2010
 
Chinese banks should bolster capital with retained earnings to meet adequacy ratio requirements before using other methods, said the China Securities Regulatory Commission's Zhu Congjiu.
The China Post, Tuesday, March 9, 2010

New Listings in HK Will Exceed the US$31b Raised Last Year: Analysts
Last year, Hong Kong took top spot in the global IPO markets, and some have said that the loss of AIA means Shanghai could fast catch up.
Channel News Asia, Wednesday, March 3, 2010

China’s Hidden Debt Risks 2012 Crisis, Northwestern’s Shih Says
Surging borrowing by local-government entities, uncounted in official estimates of China’s debt-to-GDP ratio, is the key reason for Shih’s concern.
BusinessWeek, Tuesday, March 2, 2010

What China Bubble?
Plenty of room for growth in education, insurance, agriculture.
MarketWatch, Monday, February 1, 2010

China in the New Decade
CIB looks at four of the biggest issues concerning China, and how each of them might unfold over the next year and even decade.
China International Business, Tuesday January 19, 2010

 

Shenzhen Exchange Tightens ChiNext Rules
In a move highlighting concerns over stock-market speculation, the Shenzhen Stock Exchange tightened the rules on how companies listing on the ChiNext start-up board may use extra funds from initial public offerings, many of which raised significantly more money than targeted.
The Wall Street Journal, Wednesday January 6, 2010


China Vows to Cut Red Tape for Foreign Investors
China will make it easier for foreign investors to start businesses in the country, especially in its western provinces, the government said in a statement on Wednesday.
East Asian Times, Wednesday December 30, 2009


Ranking U.S.-Listed Chinese Stocks by Earnings Growth Potential as of 12/29/2009
Below is a ranking of U.S.-listed Chinese stocks based on Wall Street analysts' consensus estimate of annual EPS growth over the long term (3-5 years).
China Analyst, Wednesday December 30, 2009

 

 

 

 

 

 

 

   

China Stocks Rise to Two-Week High as Industrial Profits Gain

China’s stocks rose to a two-week high after profits at industrial companies surpassed pre-crisis levels in the past three months and the government raised price caps for rural purchases of home appliances.
Bloomberg, Monday December 28, 2009
 
Bonuses and league-table standings tend to dominate investment bankers' minds as the year draws to a close. But in Asia, as it has been for the past decade, the biggest issue on many bankers' minds will be China.
The Wall Street Journal, Monday December 28, 2009
 
China Raises GDP Growth Estimates, Narrowing Gap With Japan
China raised its 2008 growth estimate to 9.6 percent from 9 percent and said this year’s quarterly figures will increase, narrowing the gap with Japan, the world’s second-biggest economy.
Bloomberg, Monday December 26, 2009
 
China's Overseas Acquisitions Reportedly to Hit Record in 2009
Chinese companies' investments in foreign firms are set to hit a record-high $35 billion this year, with purchases in the resource sector leading the action.
MarketWatch, Wednesday December 16, 2009
Chinese companies may increase overseas mergers and acquisitions (M&As) by 40 percent next year while outbound deal value may hit a record high of 30 to 35 billion U.S. dollars this year.
China View, Wednesday December 16, 2009
Chinese retailers are enjoying a national recovery and focus on consumer spending. With U.S. big-box chains moving in, can PCD Stores keep growing?
BusinessWeek, Wednesday December 16, 2009
 
Chinese stock exchanges raised double the amount of money secured by initial public offerings across the US in 2009, highlighting the region’s rising weight in international finance.
Financial Times, Monday December 14, 2009
 
 
China's monopoly on "rare earth" minerals, essential for green technologies, may not keep up with increasing demand.
UPI, Wednesday December 9, 2009

China, Brazil Lead Second-Half IPO Recovery
Deals that brought Chinese and Brazilian companies public drove recovery in global activity for initial public offerings in the second half of 2009.
MarketWatch, Wednesday December 9, 2009
 
For the first time, Chinese will buy more cars this year than Americans.
The New York Times, Wednesday December 9, 2009
 
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings that are stronger than many debt-heavy U.S. companies.
Los Angeles Times, Monday December 7, 2009
 
China's economic recovery is alluring back overseas investors who had withdrawn from the country under the tide of the global financial crisis.
China View, Monday December 7, 2009
  
China's fiscal revenue grew 28.4% year on year to RMB 684.49 billion in October, said the Ministry of Finance in a statement published on its website today.
China Knowledge, Friday November 13, 2009
 
China's shares ended higher Friday ahead of U.S. President Barack Obama's visit to China next week, as renewable energy companies rose on hopes of further cooperation in the sector between China and the U.S.
The Wall Street Journal, Friday November 13, 2009
Nasdaq OMX Group said the number of Greater China companies that list on its exchange could double in as little as two years, fueled by a growing appetite for these shares from a wider range of U.S. institutional investors.
Reuters, Friday November 13, 2009
  
 
China remains a favorable destination for foreign investment amid the global economic downturn.
China View, Friday November 13, 2009
  
 

 

 

 

 

 

 

 

 

Chinese and Indian Companies Gain from Recession
When the crisis is over these companies will be stronger and more formidable than ever, reordering the global pecking order.
BusinessWeek, Monday November 9, 2009

Today China, Tomorrow the World
Industrial and Commercial Bank of China is already the world’s biggest bank – but it could be bigger and broader still. The time may have come to pursue a longstanding idea of a deal for emerging-markets lender Standard Chartered. While the combination was often rumoured before the financial crisis, in a more stable world it makes more sense than ever.
Business Standard, Saturday November 7, 2009

IPO Is One Path to Winning Exit Strategy
McCooey points out that 22 Chinese companies went public this year, eight on the Nasdaq. Overall, 123 Chinese-based companies are listed on the Nasdaq compared to just 50 two years ago.
The Deal, Friday November 6, 2009

Overseas M&A Deals Increase
Chinese merger and acquisition deals overseas picked up this year after government stimulus plans and the trend is expected to continue next year.
Shanghai Daily, Thursday November 5, 2009

China Merchants Securities to Launch IPO This Week
China Merchants Securities Co won regulatory approval for an initial public offering in Shanghai that could fetch $2 billion, setting off a return of big IPOs to the mainland stock market after share prices stabilised.
Reuters, Wednesday November 4, 2009

Twenty-two Chinese Companies Listed on Nasdaq This Year
The 22 listed Chinese companies, include eight IPOs, 13 OTCBB upgrades, and one switch to Nasdaq from NYSE AMEX.
China View, Thursday October 29, 2009

ChiNext Launch Should Boost China Small Cap Index
This week, China will be launching a groundbreaking new secondary market and trading platform that hopes to help smaller technology companies attract investment in domestic IPOs.
Seeking Alpha, Wednesday October 28, 2009

China Launches Nasdaq-style Market for Start-ups
China launches a Nasdaq-style second board, the ChiNext market, on Friday, with the first 28 companies set to start trading on Oct. 30.
Forbes, Friday October 23, 2009


CITIC Securities Tops Underwriters
CITIC Securities Co, the largest listed domestic brokerage, and its subsidiary have topped the list of brokers earning underwriting fees for the first batch of stock listings on the NASDAQ-style growth enterprises board (GEB), which is to be officially launched today.
China Daily, Friday October 23, 2009


Snubbed at Top Table, China Chases Oil M&A Crumbs
China's state-owned oil giants are likely to lose out to global rivals in a race for top energy assets, as they lack experience and hit a protectionist wall, forcing them to settle for smaller, but riskier buys.
Forbes, Friday October 23, 2009

China Gains Confidence in Recovery
China's recovery is becoming broader and potentially more sustainable, a shift that could provide better support for a still-fragile global economy.
The Wall Street Journal, Thursday October 22, 2009


Asian M&A: The Days of Dealmaking are Back
Our third annual M&A survey confirms what buoyant capital markets are already indicating—that the specter of recession is lifting and the days of dealmaking are back.
BusinessWeek, Wednesday October 21, 2009

Britain's Prudential studies HK, China IPO -report
Britain's Prudential Plc (PRU.L) is studying a possible public offering in Hong Kong or Shanghai, becoming the latest multinational interested in listing in the fast-growing region.
Reuters, Wednesday October 21, 2009


Three U.S.- Listed China Stocks to Watch
The avalanche of U.S.-listed Chinese stocks with the potential for above-average returns shows no sign of stopping.
The Street, Wednesday October 21, 2009

Evergrande Targets $769 Million HK IPO
Evergrande is a high-profile IPO not only because of its size, but also because of the Western banks and hedge funds involved in the offering.
Reuters, Monday October 19, 2009

Trading to Start on China's New Small Stock Index
Trading on China's new stock market catering to smaller companies will begin Oct. 23, the chairman of the country's securities regulator said Saturday.
Forbes, Saturday October 17, 2009

Nasdaq OMX Plans To Launch 3rd Equity Trading Platform
The move puts Nasdaq OMX up against OTCQX, a platform operated by Pink Sheets operator Pink OTC Markets Inc. (PINK), and Toronto-based TMX Group (X.T)'s Venture Exchange. Both venues aim to serve as a stepping stone toward listing on a bigger market, and target startup companies alongside those that have been delisted after falling below standards for market capitalization or share price.
The Wall Street Journal, Thursday October 15, 2009

Wynn's Macao Unit Soars in Hong Kong Listing
Shares in the Macao unit of the Las Vegas casino company Wynn Resorts jumped nearly 7 percent in their first day of trading in Hong Kong on Friday, signaling that demand for newly listed stocks remains solid and underscoring the fast-growing region’s frenzy for gambling.
The New York Times, Friday
October 9, 2009

Shanghai Stocks in Catch-up Rally after Holiday
China's Shanghai Composite Index rallied 4.8% on Friday, with investors inspired by valuations that had slipped against other regional markets during the more than week-long closure to mark the National Day holidays.
MarketWatch, Friday October 9, 2009

Green Technology: China Means Business
A substantial portion of the Chinese government’s stimulus package, more than a third in fact, has been earmarked for projects that would either, directly or indirectly, have a positive environmental impact.
The Beijing Axis, Friday October 9
, 2009

NeoStem Moves Ahead with China Biopharma Acquisition
NeoStem, Inc. (NBS) reported the SEC accepted its registration proposal to acquire China Biopharmaceutical Holdings (CHBP.OB) in an all-stock transaction.
Seeking Alpha, Friday October 9
, 2009

China Sets Tough Conditions on Foreign M&A
Chinese antitrust authorities have imposed tough conditions in clearing two high-profile mergers and acquisitions, further demonstrating their willingness to use new powers to probe global deals.
Financial Times, Thursday October 1, 2009

China IPO Supply May Be too High: Mobius
The recent surge in Chinese initial public offerings has made a lot of people a lot of money, but the market seems to be getting oversupplied and overvalued.
CNBC, Thursday October 1, 2009

China Real Estate Files for U.S. IPO
The company is China's largest provider of real-estate information and consulting services based on revenue.
The Wall Street Journal, Thursday October 1, 2009

China Moves to Forefront in IPOs as Other Countries Trail
China is positioned to become the king of the IPO market.
The Wall Street Journal, Thursday October 1, 2009

Meet the New IPO Sheriff in Town: China
While there has been a burst of U.S. companies coming to market for the first time in recent weeks, 2009 is clearly the year of the Chinese.
The Wall Street Journal, Wednesday September 30
, 2009

China: The World's Biggest IPO Market
A nascent second board in Shenzhen is attracting billions of dollars.
Forbes, Tuesday September 29
, 2009

China Film Studio IPO to Ease Funding Crunch
The chief executive of one of China's leading filmmakers says the company's upcoming IPO will help other studios tap new funding for their productions.
The Business Insider, Tuesday September 29
, 2009

China South City Prices IPO at Top End
The retail tranche of its Hong Kong initial public offering has been 33.63 times oversubscribed.
Chinese Stock, Tuesday September 29
, 2009

China to Keep Supporting Mergers Among ‘Able’ Firms
China’s securities regulator said it will continue to support mergers and acquisitions among “able companies,” saying consolidation will make the nation’s businesses more efficient.
Bloomberg, Tuesday September 29, 2009

First Listings on Shenzhen Board Priced at High End
The first 10 companies due to list on ChiNext, the Nasdaq-style board in China, plan to sell shares at price-to-earnings ratios that are 50 percent above those of their main-board peers, just as worries over speculation spurred officials to announce strict new trading rules Thursday.
The New York Times DealBook, Friday September 25, 2009

IPO Revival Spurred by China as Private Equity Finds Consumer
The possibility that China may pull the rest of the world out of a recession and whet investor appetite for IPOs has private-equity executives such as Rubenstein and Schwarzman lining up to sell companies they’ve been forced to keep during the credit crisis.
Bloomberg, Monday September 21
, 2009

Key Index Drops as Investors Await IPO
Shanghai's key stock index slumped yesterday as investors repositioned themselves ahead of the second-biggest IPO in nine months.
Chinese Stock Information, Saturday September 19, 2009

China Approves Nasdaq-style Board's First IPOs
China's securities regulator has approved the first seven initial public offering applications for companies seeking to list on a planned Nasdaq-style exchange, state media reported Friday.
Yahoo News, Friday September 18, 2009

China Unveils Second Batch of Approved IPOs for New Board
Chinese regulators approved plans by six companies to launch initial public offerings on its yet-to-be-launched Nasdaq-style market for high growth companies.
MarketWatch, Friday September 18
, 2009

Glorious Brings First China Property IPO in More Than a Year
With a deal size of up to $1.5 billion, Shanghai-based Glorious Property also looks set to become the largest listing of a Chinese property play in Hong Kong since 2007.
FinanceAsia, Wednesday September 16, 2009

China to Review First Seven IPOs on GEM
China's securities authority will hold the first meeting to review the applications of the first seven IPOs for listing on the Growth Enterprise Market (GEM), a Nasdaq-style market in China, on Thursday, sources with the China Securities Regulatory Commission (CSRC) confirmed with Xinhua Monday.
China Daily, Monday September 14, 2009

The Crisis Left China Better Off
If any country can be said to have had a good crisis, it is China.
The New York Times, Monday September 14
, 2009

Local IPO Market Stirring Back to Life
Taking heart from the spectacular rebound in equity markets globally, IPO aspirants are once again turning to the capital market to raise funds.
AsiaOne Business, Wednesday September 9, 2009

China Moving Ahead To Let Overseas Cos IPO Onshore
China may be close to announcing rules that will allow overseas companies to list shares on the mainland, in a long anticipated move that would deepen the development of the country's stock market and pave the way for foreign companies to access flush yuan capital.
Reuters, Tuesday September 8, 2009

China Sets up IPO Review Committee for Growth Enterprise Market
China's securities regulator set up Friday an initial public offering (IPO) review committee for its Growth Enterprise Market (GEM) which is expected to accept IPOs in late October.
China View, Friday August 14, 2009

Is China the Next Real Estate Bubble?
Weak export demand and looming Politburo changes are incentives to keep the monetary spigot wide open.
The Wall Street Journal, Thursday August 13, 2009

China Zigs While the Rest of the Private Equity and VC World Zags
This is a time of darkness and despair for most private equity and venture capital guys. Their world came crumbling down last year, as credit and stock markets collapsed and IPO activity came to a halt everywhere — everywhere that is, except China.
Seeking Alpha, Thursday August 13, 2009

China Approves Sinopec Takeover of Addax Petroleum
The deal is the largest ever overseas takeover by a Chinese company.
Forbes, Wednesday August 12, 2009

Chinese Oil & Gas Deal Makers: There Is No ‘I’ in Team
The flurry of joint bids in the oil-and-gas acquisition game shows that Chinese deal makers are learning that by working together can they keep swallowing up the overseas oil-and-gas resources the country thirsts for.
The Wall Street Journal Deal Journal Blog, Wednesday August 12, 2009

China Construction to Buy AIG Unit in First Purchase Since 2006
China Construction Bank Corp., the world’s third-largest lender by market value, agreed to buy a unit of American International Group Inc. for $70 million in cash, marking its first overseas acquisition in three years.
Bloomberg, Wednesday August 12, 2009

Realty Firms Ready to Board IPO Train
After China State Construction Engineering Corp, the nation's largest housing contractor, successfully raised 50.16 billion yuan in the world's biggest initial public offering (IPO) in 16 months, many Chinese real estate companies are trying to stick their hands in stock investors' pockets for money to expand business, or more specifically, to buy more land.
China Daily, Tuesday August 11, 2009

Evergrande Considers Hong Kong Float
Property developer Evergrande Real Estate Group is planning to get listed on the Hong Kong capital market with an initial public offering that could raise as much as HK$11.7 billion.
China Daily, Tuesday August 11, 2009

China's New Issues Spark Equity Fever: How to position for the A-share IPO revival
After a nine month government imposed hiatus, the new listing market for mainland Chinese A-shares certainly came back with a bang last week.
MarketWatch, Sunday August 2, 2009

China's Bubble-icious IPOs
It's off to the races for investors in Chinese IPOs!
Motley Fool, Friday July 31, 2009

The Return of the IPO: China Moves to Improve Capital Allocation
With little IPO activity elsewhere, China is likely to be the most active IPO market in the world this year.
Seeking Alpha, Sunday July 19, 2009 

Mobius Says China Market Value to Overtake U.S. in Three Years
China’s stock market may surpass the U.S. as the world’s largest by value in three years as state- owned companies sell new shares and the nation’s 1.4 billion people put more of their money into equities.
Bloomberg, Saturday July 18, 2009

Generic Giants
China is the world's factory, but its top firms remain oddly anonymous.
NewsWeek, Saturday July 18, 2009

China Sichuan Expressway IPO 414 Times Subscribed
China's Sichuan Expressway Co said on Friday that its initial public offering, China's first major IPO in 10 months, was 414 times subscribed for the key retail portion.
Forbes, Friday July 17, 2009

HK Shares Climb for 4th Day; China Stocks Drift Lower
Hong Kong shares were headed for a fourth straight day of gains on Friday as data from China and a slew of strong corporate earnings from the United States supplied fresh evidence of a global economic turnaround.
Reuters, Friday July 17, 2009

Chinese Real Estate Recovery Could Presage Cash Rush
A nascent housing market rebound and a rally in shares could trigger a new round of cash raising by Chinese developers, eager to replenish coffers to meet rising demand, spurred by Beijing's economic stimulus measures.
Reuters, Friday July 17, 2009

China Shares End Tad Higher; Led By Coal, Nonferrous Metal Cos
Demand for coal and nonferrous metal producers outweighed concerns about a potential oversupply of shares due to an imminent massive initial public offering, pushing China's shares moderately higher Friday.
Wall Street Journal, Friday July 17, 2009

Chinese Software Developer Makes a Play for a US IPO
As seen with the recent offerings of companies like Changyou (NASDAQ: CYOU), the interest in Chinese tech IPOs is starting to rev up. Now, there's another deal that plans to hit the market: CDC Software Corporation.
Blogging Stocks, Friday July 17, 2009

Chinese Bond Auctions Keep Failing
China, a country with more cash and hard assets than it knows what to do with, is having problems in the bond market.
Business Insider, Friday July 17, 2009

China's Forex Reserves Exceed US$2 Trillion
China's foreign exchange reserves jumped to a record high in the second quarter, exceeding US$2 trillion (HK$15.6 trillion), as a result of speculative capital inflows and a rising valuation of non-US dollar assets.
The Standard (Hong Kong), Thursday July 16, 2009

HK Shares Gain for Third Day, China Stocks Slip
Shares in Hong Kong rose for a third session on Thursday with expectations for a global economic turnaround fuelling the upswing, but the main index ended well short of its high as some stocks succumbed to profit-taking.
Forbes, Thursday July 16, 2009

PBOC Bill Yields Rise; Reinforces Inflation Concerns
China's central bank sold three-month bills Thursday at a higher yield than a week earlier for the third week in a row, reinforcing views that Beijing is increasingly wary of the long-term inflation risks caused by an unprecedented government-engineered credit boom.
Wall Street Journal, Thursday July 16, 2009

Local Pinch May Hurt Overseas Lenders
Most of the foreign banks in China expect no erosion in their market share, though some may see declines this year due to stronger competition from local players, according to a report by accounting firm PricewaterhouseCoopers.
China Daily, Thursday July 16, 2009

Fiat Sees Little Trouble In Big China
It makes far more sense for Chinese automobile makers to concentrate their financial and industrial firepower on domestic joint ventures than outright acquisitions of ailing U.S. and European vehicle brands. Growth in the Chinese auto market and European expertise in manufacturing small and mid-sized vehicles explain why.
Wall Street Journal, Thursday July 16, 2009

GOOG v. BIDU: Is Baidu No Longer the ‘Google of China’?
Google Inc. (GOOG) and Baidu Inc. (BIDU) have faced-off in China over the past few years with Baidu managing to beat Google at the search game in the world’s largest economy. This fact alone, however, doesn’t make Baidu a buy.
Chinese Public Companies, Wednesday July 15, 2009

China Revs Up Its Dealmaking Machine
The Chinese are in the midst of an M&A craze, doubling overseas investments last year. Could the deals benefit the global economy?
BusinessWeek, Wednesday July 15, 2009 

Shanghai Yuyuan to Sell Bonds as China Lifts Ban
China ended a 10-month moratorium on the issuance of exchange-traded corporate bonds Tuesday by giving Shanghai Yuyuan Tourist Mart Co. permission to sell 500 million yuan ($73.2 million) worth of the bonds.
Wall Street Journal, Wednesday July 15, 2009

China Insurance Giant Said to Prepare I.P.O.
China Pacific Insurance, the country’s third-largest life insurer and partly owned by the Carlyle Group, is set to relaunch its Hong Kong I.P.O., sources told Reuters, after the firm’s first attempt failed last year when markets plunged.
New York Times DealBook, Wednesday July 15, 2009

China Shares End At 13-Mo High On Wall St Gains; Fincl Cos Up
Strong gains on Wall Street overnight helped send China shares to a 13-month high Tuesday, in line with gains in other Asian markets.
Wall Street Journal, Wednesday July 15, 2009

HK Dlr Up Late On Demand For IPO Funds; More Inflows Expected
Demand for funds to subscribe to the initial public offering of Chinese building materials producer BBMG Group pushed the Hong Kong dollar higher against the U.S. dollar Wednesday.
Wall Street Journal, Wednesday July 15, 2009

China State Sets Price Range
If investors go along, offering could raise up to $7.46 billion.
Wall Street Journal, Wednesday July 15, 2009