mytheon guide

The first quarter of this year, HKEx IPO funds raised in greatly reduced five percent from a year earlier, but this situation was reversed in the second quarter, with Prada and other luxury brands one after another public offering to Hong Kong, HKEx shares market is expected to show the second quarter ” volume and price go “situation. The sponsors and underwriting team also has been changing, Chinese investment bank’s market share has climbed to 5 percent.

HKEx yesterday disclosed a quarterly show, although as many as 17 companies have landed in Hong Kong, but generally smaller scale, the first quarter of HKEx Main Board and GEM IPO funds raised a total of only HK $ 17.8 billion, only a year ago about half. Not only is there diminished IPO funds raised in the first quarter after the IPO refinancing volume also fell by 8%.

However, this situation is expected to be reversed in the second quarter. Only just the past four months, it has recorded five new shares (including RMB-denominated Huixian REIT) listed on the HKEx, which Huixian REIT raising the scale reached 10.48 billion yuan; into May, according to incomplete statistics, about 10 new shares will have started listing in Hong Kong, including Shanghai Medical, Baihong Industries has completed the offering, intends to raise HK $ 270 million of Milan station has officially started offering plan, and intends to raise approximately HK $ 17 billion Glencore will also begin offering on Friday.

In addition, U.S. sales of commercial Samsonite luggage, the Italian high fashion leather goods brand Prada, will be held April 19 and 26 for listing hearings, the fastest offering is expected to commence in June program. The well-known handbags brand Coach has also announced its intention to Hong Kong Depositary Certificates (HDR) mode listed in Hong Kong. Analysts pointed out that the spending power of the mainland market, competing for overseas luxury goods listed in Hong Kong an important driving force.

It should be noted, Chinese investment bank in Hong Kong IPO market increasing market share. In the first quarter in Hong Kong main board listed 10 new shares, the sponsor human-funded investment bank accounted for more than half, Guotai Junan, investment securities, CMBI, in gold in Hong Kong, ICBC International, CITIC Securities, CCB International, Bank of International all on the list.

A foreign investment bank said that the pace of development capital investment bank amazing. Just two or three years ago, the Hong Kong IPO project also rarely seen in figure capital investment bank. Was just a few years, Chinese investment bank has been fully involved in the IPO market in Hong Kong, and now very few IPO project without the participation of Chinese investment bank. He noted that in recent years to Hong Kong-listed mainland enterprises to become more than eight, Chinese investment banks have a natural advantage, which is the main reason for them to grow rapidly.

HKEx yesterday announced first quarter results, first quarter profit attributable to shareholders increased 10% over year to HK $ 1,238 million, mainly due to the cash and derivatives market activity increasingly vigorous growth and turnover of the increased earnings. According to statistics, the average daily turnover during the period of 759 million, up 17% over last year.