Is people have high hopes on the GEM on October 30 the first day of opening, the first board of the GEM 28 companies sought after by investors, the average price-earnings ratio soared to 110% of the static that is dizzy dizzy heights. While on November 2 when the 28 early Auction GEM stock except Kyrgyzstan bee Agricultural Machinery , The other 27 stocks all the down limit, but the GEM's high domestic price and distribution of high price-earnings ratio is not only creating a lot of new billionaires, but also makes a lot of originally issued in the international capital market has also germination of domestic enterprises listed on the back the idea of listing. However, the domestic capital market acceptance of both domestic enterprises listed overseas barriers to considerable. Therefore, some have been listed in the overseas capital market in the domestic business enterprises in order to be able to board a share, had to choose delisting from the overseas markets. October 16, China Energy (SinoeSinoenergyCorporation, code: SNEN) listed on NASDAQ in the United States alone more than a year, announced initiative to withdraw from the market, this is the first case in China. Executives said the company: China Energy In the United States take the initiative to withdraw from the market is based mainly on the overall strategy of the company's future development plan to privatize the company delisting in the future they will be looking for opportunities in the domestic capital market. For overseas listing of China's energy financial adviser John Lee American Capital (Asia) Limited Co-director Liu Zhanyuan said: "China Energy delisting is not a cost considerations, the company currently operates stable, but the situation according to their comprehensive selection decided by the enterprise, is the case, has its particularity. "" What is the particularity of China's energy? future ready motherboard in the Mainland or GEM? "Liu Zhanyuan avoid said:" The current delisting follow-up is not completely closed to disclose . " It is understood that China's energy success in June 2006 listing OTCBB (OTCBB) system, while price-earnings ratio of 10 times the financing of 16 million U.S. dollars, 10.5 million U.S. dollars warrants financing. Listing of the previous year net profit 2.5 million U.S. dollars, 10% equity dilution. October 2, 2007, the Company completed the refinancing of 30 million U.S. dollars; May 5, 2008, the company also completed the refinancing of 18 million U.S. dollars. July 2008, the company successfully transferred to the Nasdaq board, the Chinese energy stocks on Oct. 9 that day's closing price of 1.28 U.S. dollars. It was also understood that the maintenance of Nasdaq, the number of listed shares does not exceed 1,500 million a year is 5 million; more than 1500 million, compared with 70 005 1000 U.S. dollars. Delisting of energy for China, relevant industry believes. State Council Development Research Center, said: "Withdrawal is not particularly large in the foreign matter, free enterprise and out, take the initiative to withdraw from the market after the listing is probably the objective was achieved, and to maintain the market because of strict supervision bound, after weighing the pros and cons, take the initiative to withdraw. " Related Reading: Hangzhou appear strange building is actually four levels of green building Clean Development Mechanism in China has become the world's largest potential market Existing building energy efficiency in Beijing to Baotou City, the delegation inspected We are high quality suppliers, our products such as Butterfly Valve Manufacturer Manufacturer , China Wafer Butterfly Valve for oversee buyer. To know more, please visits Wafer Butterfly Valve.
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