All quiet on the IPO front

Article Abstract:

The issue of 411 shares in the car manufacturer, Tianjin Automotive Xiali, is forecasted to make around $150 million-200 million. The Chinese stock market has been fairly quiet, with only a small selection of stock but the anticipated revival of the B-Share markets has increased trading. Industry analysts have been calling on the Chinese government to revitalize the markets. Many Chinese companies are reluctant to list their shares on the Hong Kong market due to the low prices. Hong Kong is suffering from the economic decline prevalent throughout Asia.

Foreign-Make Autos, Economic aspects, Financial markets, Foreign cars, Tianjin Automotive Xiali

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New ways forward for China privatisations

Article Abstract:

There were many transactions on the Hong Kong Stock Exchange during Sep 1998. The biggest gains on the stock market have resulted from mainland-backed companies in Hong Kong. Six of these companies raised $348.8 million US during the first week of Nov 1998 through share placements. The focus of new placements will be infrastructure.

China, Hong Kong, Analysis, Statistics, Stock Exchange of Hong Kong Ltd.

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Portugal's BRISA raises US$800m

Article Abstract:

BRISA Auto-Estradas de Portugal raised revenue last month with a secondary sale of shares.

Automobiles, Portugal, Brisa, Auto-Estradas de Portugal S.A.

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