China IPO Pipeline - Feb 22

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Tue Feb 21, 2012 9:02pm EST

SHANGHAI, Feb 22 (Reuters) - Chinese companies raised $41.5 billion via initial public
offerings on the Shanghai and Shenzhen exchanges in 2011, down 41 percent from 2010, according
to Thomson Reuters data.	
    The bearish stock market has forced a number of companies, including China Communications
Construction Co Ltd, to either postpone their offerings or downsize their deals.	
    Following is a list of key Chinese companies that have applied for IPOs on the mainland.	
    For a full list of companies that have applied for an IPO with the securities regulator,
click on: here  and 	
    here	
   	
 Company                              Deal size   Listing destination    Target date
 Jishi Media Co                       $311 mln    Shanghai               To list on Feb 
                                                                         23 
 China Communications Construction    $794 mln    Shanghai               Awaiting 
                                                                         listing date
 Shaanxi Coal Industry                $2.7 bln    Shanghai               IPO application 
                                                                         has been 
                                                                         approved by 
                                                                         CSRC
 Western Securities                   $160 mln    N/A                    IPO application 
                                                                         has been 
                                                                         approved by 
                                                                         CSRC
 People.com.cn                        $84 mln     Shanghai               IPO application 
                                                                         has been 
                                                                         approved by 
                                                                         CSRC
 China Railway Materials Commercial   $2.3 bln    Shanghai               2012
 Corp                                                                    
                                                                         
 Spring Airlines                      N/A         Shanghai               2012
                                                                         
 Bank of Shanghai                     $2.8 bln    Shanghai               N/A
                                                                         
 Jiangsu Jiangyin Rural Commercial    $300 mln    Shanghai               N/A
 Bank                                                                    
                                                                         
 Bank of Jiangsu                      $1.6 bln    Shanghai               N/A
                                                                         
 China National Building Material Co  $2.3 bln    Shanghai               N/A
 Ltd                                                                     
                                                                         
 China Postal Express & Logistics Co  M/A         N/A                    N/A
 Grand Automotive Services Co Ltd     N/A         N/A                    N/A
 Guangzhou R&F Properties Co Ltd      N/A         N/A                    N/A
                                                                         
 Bank of Chongqing                    $790 mln    Shanghai               N/A
 Bank of Zhangjiagang                 $790 mln    Shanghai               N/A
 Rural Commercial Bank of             As much as  Shenzhen               N/A
 Zhangjiagang                         around                             
                                      $480 mln                           
 	
    Following is a list of key companies that have been reported to be planning IPOs in Shanghai
or Shenzhen.	
 	
 Guangfa Bank                         $5-6 bln    Shanghai, Hong Kong    N/A
                                                                         
 People's Insurance Company of China  $5-6 bln    Shanghai, Hong Kong    2012
 Group (PICC)                                                            
                                                                         
  China National Nuclear Corp          N/A         N/A                    N/A
                                                                         
  Shanghai Automotive Industry Corp    N/A         Shanghai               N/A
 (SAIC) Group                                                            
                                                                         
  Taikang Life                         N/A         Shanghai               N/A
                                                                         
  Guangzhou Auto                       N/A         Shanghai               N/A
                                                                         
  Beijing-Shanghai High-Speed Railway  $5 bln      Shanghai, Hong Kong    N/A
                                                                         
  China Huarong Financial Leasing      N/A         Shanghai               2012
 Beijing Capital International        N/A         N/A                    2012
 Airport                                                                 
                                                                         
 FAW Group                            N/A         N/A                    N/A
                                                                         
 Sinochem Corp                        Up to $5.5  Shanghai               N/A
                                      bln                                
 Phoenix Metropolis Media Technology  N/A         Shenzhen               N/A
                                                                         
 Shenyin Wanguo Securities            N/A         N/A                    By 2013
                                                                         
 Shandong Haili Chemical Industry Co  $1 bln      Shanghai               N/A
 Ltd                                                                     
                                                                         
 Xinhuanet.com                        $158 mln    Shanghai               N/A
                                                                         
    ($1 = 6.351 yuan)	
	
 (Compiled by Shanghai newsroom; Editing by Jacqueline Wong)

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