Monday, January 3, 2011

Market environment, "poor" the mainland real estate Hong Kong stock market Zaoleng Yu.

<P> 13 days have passed, Shui On Land still happening as much as possible to remain silent. .</ P> <P> 6 14, this company won in the mainland real estate company, the company IPO in Hong Kong before the end of last night, suddenly announced the shelving of the listing. .</ P> <P> 58-year-old Vincent Lo, Chairman of Shui On Land said at the time listed at this stage not in the best interests of the company. .</ P> <P> Shui On Land's chicken retreat is not the case. .In mainland China to launch a new round of macro-control under the influence of the main objectives of the Mainland's real estate development companies are slow or low-key pace for financing in Hong Kong. .</ P> <P> IPO before the end of last night </ P> <P> Vincent Lo of Shui On Land may be listed only sigh, "untimely" the. .</ P> <P> In fact, two years ago, when Vincent Lo fortune in Hong Kong from the Hong Kong-listed Shui On Construction and Materials (0983.HK) in the spin-off, it will be listed on the package plan .have been planned, "I believe the future if the appropriate time, the company will be successful in the international stock market listing." </ P> <P> since May, the Hong Kong stock market has been moving lower, led by property stocks as one of the plates. .The end of May, the State Council issued the "six countries", for the real estate market started a new round of macro control, to these major operations are located in the mainland real estate business in general is facing investors questioned. .</ P> <P> 6 11, Shui On Land IPO day road show in London, Vincent Lo Hong Kong via video conference to accept media interviews also said Shui On Land's international placement has been fully subscribed. .</ P> <P> 3 days after the June 14, the situation has worsened. .Since IPO subscription deserted, placing a large number of international customers to give up after the temporary reduction or the subscription application at 23:00 Lo had decided to shelve the listing. .</ P> <P> some of the securities industry analysts believe that this is the real estate sponsor Ryan Morgan Stanley, HSBC and Deutsche Bank made the final decision. .But there are also sources said Vincent Lo, so the final decision to shelve the market, mainly institutional investors took the opportunity to keep the prices down, asked Ryan to the lowest offer price of real estate pricing. .The assets of the company quality Lo admission, prospects are good, do not want to sell off. .</ P> <P> It is understood that the road show Lo faced up to questions, that is, macro-control on the possible impact on the company. .He once said, Shui On Land's projects to commercial and luxury residential property development integrated mainly by macro-control has little effect. .However, most believe that Hong Kong investors in the next month, the central macro-control will have a new policy out, so most of them are afraid to subscribe shares of mainland real estate business..

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