Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
Deals
Qunar.com and 58.com IPO values oversubscribed
With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.
Chinese companies hold up despite NQ Mobile allegations- report
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Tri Pointe nears deal for Weyerhaeuser homebuilding unit
Tri Pointe Homes Inc. approached the final stage of closing a $2.7 billion deal to buy Weyerhaeuser Co's homebuilding unit.
Nine Entertainment Co releases IPO prospectus, seeks AUD 697.3 million
The IPO prospectus released by Nine Entertainment Co showed that the Sydney-based firm was looking to raise AUD 697.3 million for its share sale.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.
Pawan K Ruia owned Jessop & Co seeking approval of its decision to close its operations. One of the oldest companies in India, Jessop & Co, is controlled by Pawan K, Ruia.
An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
Warburg Pincus sells off its shares in Transapacific Industries Group. Warburg Pincus, the private equity firm, is selling off its shareholdings in the Australian waste management company Transpacific Industries Group.
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.
A Reuters article urged the Greek government to put more effort into investment programs that would encourage more local startups.
