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Hong Kong IPO pipeline - Sept 1

Mon Sep 1, 2008 1:12am EDT

Stocks

   
2008   Wise King     N.A.      N.A.      Deutsche Bank   100-200
    Mining
(Wise King is a Chinese molybdenum company based in Liaoning
province.)
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2008   China Bio     N.A.     N.A.       BOC International  100
    Solutions Group
 (The firm makes and sells specialty bio additives mostly used in
food and beverage, oil drilling, pharmaceutical and personal
care.)
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2008   LiFung Trinity  N.A.   N.A.       Citigroup        200
                                      JP Morgan
 (The firm is a menswear arm of sourcing and trading firm Li &
Fung Ltd (0494.HK).)
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2008   Lilang        N.A.    N.A.       Merrill Lynch     150
 (Lilang International is a Chinese men's apparel maker.)
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July  Neway Group      N.A.    N.A.      ICEA           100
(Neway is a Hong Kong-based karaoke group.)
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2008   Jia Zhao Ye    N.A.     N.A.     Credit Suisse  400-500
                                     BOCI
 (The Shenzhen-based property firm is involved in residential,
hotel and commercial property development. )
---------------------------------------------------------------
2008     Wah Kwong     125    N.A.        Cazenove       164
      Shipping                         Anglo Chinese
(The company was established in 1952 by Chao Tsong-yea. It is one
of Hong Kong's oldest bulk and tanker shipping firms and was
listed in Hong Kong in 1973, delisted and taken private in 2000.
The firm postponed its IPO in June due to market conditions.)
----------------------------------------------------------------
2008   Fineland      N.A.    N.A.        JP Morgan    300-500
    Real Estate                       Morgan Stanley
(The Guangzhou-based company, which focuses on high-end
residential property, plans to list this year.)
---------------------------------------------------------------
2008    Evergrande    2,960   N.A.       Goldman Sachs 2,100
     Real Estate                      Credit Suisse
                                      Merrill Lynch
 (The Guangzhou-based company, which has land reserves of 45.8
million square metres in 22 Chinese cities, postponed its HK IPO
in March due to poor market sentiment. The firm is exploring a
$600 million private placement after it ditched its IPO plan.)
---------------------------------------------------------------
2008    China Pacific    783     N.A       CICC          4,000
     Insurance                          UBS
                                        Credit Suisse
(China Pacific Insurance (601601.SS), the country's third-biggest
life insurer, raised US$4.1 billion in a Shanghai IPO in December
and has said it plans to list in Hong Kong with an offer of 900
million shares, including an overallotment option. The firm
postponed its HK IPO in March, due to poor investment sentiment.)
________________________________________________________________
 2008    Wing Fat        150     N.A.        UBS          89
      Printing                            BNP Paribas
 (The company is a spin-off from Shanghai Industrial Holdings
(0363.HK) and is engaged in packaging printing for consumer
products, mainly cigarettes and alcohol. The firm postponed its
HK IPO in March because of poor market conditions.)
---------------------------------------------------------------
 2008   SFK           242        N.A.      ICEA           155
    Construction
 (SFK, a building construction and civil engineering contractor
in Hong Kong and Macau, is owned by the Lo family, led by Lo Kai
Shui, chairman of Great Eagle Holdings Ltd (0041.HK). The firm
postponed its US$155 million IPO.)
---------------------------------------------------------------
2008   Changsheng    250        N.A.   BOC International 145
    China Property                  Cazenove
 (Changsheng was founded in 1992. It focuses on commercial and
residential properties with two projects -- China Plaza in
Guangzhou and Seasons Park in Beijing. The firm postponed its
US$145 million IPO.)
---------------------------------------------------------------
2008  Bio Beauty     N.A.   N.A.       Macquarie         309
   Group 3332.HK
 (The spin-off of Global Green Tech Group Ltd (0274.HK) is
engaged in cosmetics and skincare products. Due to market
conditions, it has postponed its $309 million IPO until 2008,
from Dec. 2007.)
---------------------------------------------------------------
2008   Xiashun Aluminum N.A.    N.A.     JP Morgan       300-400
                                      UBS
(The company focuses on producing aluminum foil, which is used in
beverage packaging. It has postponed its IPO until 2008 from Dec.
2007 due to market conditions.)
---------------------------------------------------------------
 2008  PCD Stores      N.A.     N.A.    Credit Suisse   350-500
(The department store operator targets middle- to high-end
consumers in China. UK-based private equity firm 3i Group (III.L)
has a stake in the firm. PCD Stores has postponed its IPO to 2008
from Dec. 2007 as documentation work could not be completed on
time.)
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