Hong Kong IPO pipeline - June 30

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: Quote, Profile, Research, Stock Buzz).)
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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. )
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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.)
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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.)
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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.)
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2008 China Pacific 783 N.A CICC 4,000

Insurance UBS

Credit Suisse
(China Pacific Insurance (601601.SS: Quote, Profile, Research, Stock Buzz), 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.)
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2008 Wing Fat 150 N.A. UBS 89

Printing BNP Paribas
(The company is a spin-off from Shanghai Industrial Holdings
(0363.HK: Quote, Profile, Research, Stock Buzz) 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.)
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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: Quote, Profile, Research, Stock Buzz). The firm
postponed its US$155 million IPO.)
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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.)
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2008 Bio Beauty N.A. N.A. Macquarie 309

Group (3332.HK: Quote, Profile, Research, Stock Buzz)
(The spin-off of Global Green Tech Group Ltd (0274.HK: Quote, Profile, Research, Stock Buzz) is
engaged in cosmetics and skincare products. Due to market
conditions, it has postponed its $309 million IPO until 2008,
from Dec. 2007.)
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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.)
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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: Quote, Profile, Research, Stock Buzz)
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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