Monthly Archives: May 2012

Accountability should be across the board

28th May 2012

There has been much talk over the past few weeks about the proposal by the Securities and Futures Commission to strengthen the regulation of sponsors of initial public offerings. Such sponsors, investment banks or brokers, oversee a firm’s application to list on the exchange.

RTHK 3 radio panel interview

24th May 2012

I participated in a panel discussion on Hong Kong’s RTHK 3 radio “Backchat” programme today, on the subject of Facebook’s IPO.

CNMC digs deep for Hong Kong IPO riches

23rd May 2012

HONG KONG (Dow Jones Banking Intelligence) – China Nonferrous Metal Mining (Group) Co. Ltd. (CNMC) is braving the Hong Kong IPO market amid weakened investor sentiment. The offer, which has been reduced in size and boasts a reasonable valuation, could still struggle.

CNBC interview on Asian IPOs

21st May 2012

I was interviewed live today in CNBC’s Hong Kong studio on IPOs in Asia, in particular on the proposed flotations of Graff Diamonds and Formula One in Hong Kong and Singapore, respectively.

The season for the IPO redo

21st May 2012

China Everbright Bank, the country’s 13th largest bank as ranked by assets, is set to raise up to US$2.5 billion in what could be the largest initial public offering in Asia, so far in 2012.

Espinasse on Facebook’s IPO

14th May 2012

I was interviewed by anchor Bernie Lo last weekend, on CNBC’s “Straight Talk” programme, on the subject of Facebook’s proposed IPO on NASDAQ.

Drums beat louder for the Graff Diamonds float

14th May 2012

Bankers on May 7 started sounding fund managers on their interest for the long-awaited Graff Diamonds initial public offering. The process, known as pre-marketing or, more commonly these days, pre-deal investor education (PDIE), puts the highly anticipated US$1 billion (approximate) deal on track for a June 7 listing.

As floats sink slowly in the East

7th May 2012

There has been much talk of late about the decline of the Hong Kong market for initial public offerings. The volume of new listings is down. These days, deals that venture into marketing seem as likely to get pulled as to be priced. Most problematically, many IPOs that successfully close keep trading in the red.

 

 

I have set up this blog to report notable events on international IPOs.

These include particularly remarkable transactions, changes in market practice (whether pertaining to documentation, valuation or marketing techniques) and regulations, as well as appointments in the sphere of equity capital markets (ECM).

Although the blog has a bias towards the Asia-Pacific region, since this is where I am based, it is intended to be global in both its scope and outlook.

Please use the contact form above to report an IPO story or an ECM development.

  •  

    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
  •