Mid-August could see resumption of IPOs: insiders

Mid-August could see resumption of IPOs: insiders

Global Times 29 May 2013 China may end its moratorium on new initial public offerings (IPOs) as early as mid-August, the 21st Century Business Herald reported Wednesday, citing insiders with knowledge of the matter. These sources also said that regulators may impose...
Gafisa Soars on Report Alphaville Deal Imminent

Gafisa Soars on Report Alphaville Deal Imminent

Bloomberg 30 May 2013 Gafisa SA (GFSA3), the Brazilian homebuilder, rallied the most in two weeks as the newspaper Valor Economico reported that it may sell its Alphaville unit in early June. The shares jumped 3 percent to 4.10 reais at 3:19 p.m. in Sao Paulo after...
Health drink company pumped up for listing

Health drink company pumped up for listing

The Standard 29 May 2013 Tiandi Yihao Beverage Co is expected to raise as much as HK$1.8 billion through an initial public offering in Hong Kong to fund capacity expansion. The Guangdong-based firm is the mainland’s largest maker of apple vinegar – a sweet...