Luxury Goods Compete In Hongkong Market

In recent years, PRADA, JIMMY CHOO, COACH, several world renowned luxury brands have thrown olive branches into the Hong Kong stock market. As well as the Bank of Paris, France, compared with HSBC, Standard Chartered and other foreign banks, Paris bank's "blood lineage" is pure and not widely known in China. This listing in Hong Kong will not only help improve bank visibility, but also increase market share in China.

One or two tier markets in Hongkong stock market

Luxury big brands worry about fundamentals.

As the leader of fashion brands in Italy and even the world, Prada is now thriving under the operation of Sun Beimu, founder of Prada (Prada).

The luxury brand from Europe is interested in the Hongkong market, perhaps because of strategic development and pfer considerations.

Data show that in the first three quarters of 2010, Prada's net profit increased by three times to 156 million euros, which the company claimed was mainly due to its sales growth in the Asian market.

In the past, Prada has missed at least three opportunities to list. This landing in Hongkong is expected to become the first European fashion company and luxury Brand Company listed on the Hongkong stock market.

However, the way of Prada listing in Hong Kong is not a smooth road, but dozens of women are protesting when the company is preparing for a large stock offering.

Prada's embarrassment

Milan has won 95 thousand hands to win 250 hands.

According to Hong Kong media reports, Hongkong hot new shares of second-hand brand store Milan station (1150) stands out, defeats Tianjin port (3382) in one fell swoop, and won the crown of the "super buying king" in the history of Hong Kong's new stock, once again proving that retail stocks are really good for Hongkong retail investors.

According to market sources, the Milan station has offered over 2180 times the oversold purchase, frozen over 58 billion yuan, and it is also the "frozen capital king" of Xinke in the year. The number of subscriptions has reached 95 thousand.

Due to the small scale of raising funds, the Milan station also spawned numerous "hammer flies". It was reported that the initial count was 1900, and each "flying head" was only 13 million 570 thousand yuan.

Overseas brands coming to Hong Kong

According to the Hongkong economic daily, overseas fashion brands are becoming popular in Hong Kong. Following the Italy fashion brand Prada's coming to Hong Kong in the second half of the year, another world-renowned high priced leather shoes brand Jimmy Choo has also come to consider seeking Hong Kong's prospectus.

In addition, the Chinese flooring ($01822), which raised 2 billion 340 million yuan, was finalized yesterday, temporarily seeking to offer shares in May 16th and listing on the 26 day.

Using the "stock introduction" method, the Bank of Paris, France considers listing in Hong Kong.

BNP Paribas, France's largest market bank, is planning to issue financing on the Hongkong stock exchange and expects to start trading as early as June.

Glencore IPO sells China's elemental energy to become "fragrant pastry" for 25 days in Hongkong.

Since the news of the two listings in Hongkong and London, the secretive and low-key commodity trading giant Glencore International (hereinafter referred to as "Glencore") has been exposed to the spotlight of the public.

In May 4th, Glencore officially launched the listing plan. In the initial prospectus, the price range was set to 4.8 pounds to 5.8 pounds (about HK $61.4 to HK $74.2), with a total aggregate value of 6 billion pounds (about 10 billion US dollars).

If the middle value is calculated, Glencore's market value will reach US $60 billion and will become the largest commodity dealer in the world.

In addition, it is reported that Glencore will make public offerings in May 13th, and plans to launch pactions on the stock exchanges in London and Hongkong, China in May 24th and May 25th respectively. The sponsors of the company are Citibank, Credit Suisse and Morgan Stanley.