Several Luxury Brands Listed In Hongkong Trigger Capital Shock

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It operates fourteen retail outlets.

The Milan station, which is engaged in the retail business of unused and used brand handbags and fashion products in China (code 115 HK, May), has gained unprecedented popularity and record in Hongkong stock market in Hongkong in May.

The Milan station opened for sale, setting an oversubscription of 2179. Five times. It became the oversubscribed king of Hongkong's IPO over the years, with a freezing fund of 591. HK $3. 3 billion, and the winning rate of one hand (two billion shares) was only 1%.

This is a small retail unit. This time it only issued 1. 6 billion shares, priced at HK $six or seven per share, but received 354. The effective subscription of 21 billion shares, more than one hundred thousand subscriptions, became the most frozen capital in the past year.

May 23rd

On the stock market, the stock price jumped to HK $two. 96, which was 77 higher than the IPO price, closing at two. HK $77, and 65. 87% higher than the underwriting price.

This "excellent" performance has greatly boosted the morale of Hongkong's retail stocks. Zheng Yutong shares and become the largest shareholder, Giordano shares have reached a new high. The share prices of related clothing brands such as I.T, burglung, Haun, and Bauhaus have been greatly encouraged.

The total number of shares of Milan station is six. 7 billion shares. The market value is only 16. One hundred million or two hundred million Hong Kong dollars, with a profit of HK $seven, HK $three hundred million, net profit of HK $54 HK $30, two.

But with the rapid development of China's economy and the strong consumption power of Chinese people, Milan station has a beautiful vision. It has unexpectedly become a new surprise for Hongkong's IPO. Although the stock price of Milan station has dropped rapidly on the three day, its share price is still standing firmly on the underwriting price.

In addition to retail stocks, the name of the company has the word "Milan". Many people in Hongkong think it is a Brand Company from Italy.

Seeing this glorious scene, PRADA, a truly famous super factory from Milan, immediately announced its listing in Hongkong.

London's Financial Times reported that PRADA intends to list in Milan in May. The company's net profit is two. Five hundred million euros per year, and its value is more than six billion euros based on PRADA.

The financial times pointed out that in the fiscal year to January 31st, the company's revenue was two. Five hundred million euros, and its revenue grew by 31. Net profit was two. Five hundred million euros, growing by one to five times, of which Asia grew by 61 percent.

The financial times also visited PatrizioBertelli, executive director of PRADA. He believed that PRADA could grasp the best opportunity in any market with its strong industrial and distribution platform.

PRADA opened fifty-nine new stores last year, and 1/3 of its own stores are now in Asia.

At present, the Chinese name is being registered in Hongkong, and this recommendation is made by Goldman Sachs, which is clearly prepared.

PRADA may be in Chinese.

Name registration, listing underwriting price may refer to LVMH and TIFFANY, with a forecast of twenty-two times earnings per year, the market value will be between eight billion and three hundred million and 100 billion euros.

PRADA has not caused a sensation in Hongkong. Zhu Kaiting, a host of Hongkong financial program, said that as a long-time fan of PRADA, he will buy new shares in cash and invest as a long-term investor.

All the major media in Hongkong have discussed the new effect of PRADA listing enthusiastically. Because PRADA has opened up a new era of popularity, it will set off an upsurge in the listing of international major brands in Hongkong.

Fund-raising centres.

After the announcement of PRADA's listing in Hongkong, COACH, which is listed in the US and BURBERRY listed in the UK, also announced that it would be listed in Hongkong or listed in the form of listing second.

BURBERRY has a history of 155 years, is currently listed in London, the market value of about five billion and five hundred million pounds, the current profit ratio of about twenty-one times, recently BURBERRY has just announced the first quarter earnings, revenue one billion and five hundred million pounds, an increase of 25 percentage points over the same period last year, net profit two. 0. Eight hundred million, grew two. Five times.

Profit growth was strong. Sales of famous brand bags, jewellery and shoes grew by 35. This is mainly due to strong growth in China and Asian markets. BURBERRY intends to come to Hong Kong second, not to raise funds, but to develop brand and market strength.

Highlighting the importance of the Asian market, especially the strong growth of China's economy.

In May 26th, BURBERRY announced its first quarter results, which was rarely plated into Chinese. It was distributed to the Chinese media in the region. BURBERRY's listing in Hongkong helped promote the brand in the Asia Pacific region. BURBERRY also registered the Chinese name "Burberry" and showed strong determination to enter the Greater China market.

Following BURBERRY, COACH immediately followed up.

COACH stressed that it did not intend to raise funds through the issuance of Hongkong depository receipts, highlighting its listing in Hong Kong for "marketing" rather than "financing".

LewFrankfort, executive director of COACH, said that listing in Hongkong would enhance consumer awareness of COACH brand in China and across Asia. China is the region with the greatest contribution to COACH's future growth potential.

With these two super famous factories coming to Hongkong, the further deterioration of the stock market in Hongkong has become an inevitable trend. PRADA has obtained the approval letter from the Hongkong Banking Regulatory Commission in May 19th, and the PRADA is ready to release two stake. In June, it launched the IPO immediately.

The first step is Samsonite, the world's largest manufacturer of Samsonite, which has developed the market in Asia.

Samsonite's offer in June 3rd will be between twenty-one and twenty-eight times, and the market value is expected to be between HK $23 billion and HK $31 billion.

At present, 80% of the rookie's products are outsourced to Chinese foundry, and the Samsonite market is moving from the us to Asia.

Last year, the volume of sales from Asia grew by four or five. China and India became the second, third largest market after Samsonite, which is next to the United States. The market share of Samsonite in China is about one or two. 5%. It is already a "brother" in China's travel box, and it still has significant growth in the two or three line market in the future.

Recently, Samsonite invited the Hong Kong star Aaron Kwok to make an all - out effort.

With the support of China's strong consumption power, Hongkong will soon become an important global capital market for new IPO.

The Wall Street journal recently reported that DucatiMotor, the Italian motorcycle manufacturer, opened its first market in Shanghai, and its holders of private equity are considering Hongkong's listing.

Italian Italy travel products manufacturer Piquadro has been listed with financial advisers, and another Italian leisure apparel brand MissSixty is also planning to go to Hong Kong on the year-end.

According to foreign reports, Hongkong attracts international funds. This year, at least fourteen large international enterprises, including ESE and galactic resources in Russia, will be listed in Hong Kong following the launch of Glencore. The amount of capital raising may reach HK $195 billion.

This year will be the most active year for international companies to list in Hong Kong. The amount of fund-raising will break new records. Professor Lei Ding Yang of Hong Kong University Science & Technology recently pointed out that the market value of the Hongkong stock market will exceed the Tokyo stock exchange in five or six years. This is an incredible thing, and it can also see the great potential of internationalization of Hongkong stock market.

Last year, seven international companies were listed in Hongkong, with a history of capital raising.

In the past, the most representative foreign company in Hongkong was Manulife Finance (945 HK), which is an insurance company from Canada. Its market value is still 24. Eight. HK $8. 8 billion.

Last year, the most representative international enterprise listed in Hongkong was RUSALPLC (Russia, 486 HK), the largest Aluminum Inc in Russia. Last year, its revenues amounted to 107. Nine. $7. 9 billion, net profit of twenty-eight. Six hundred million or seven hundred million dollars, EPS (after tax net profit) 0. 19 - three US dollars, seven to six times in Hongkong, and 17 to seven.

In addition, two coal mine companies from Mongolia are also representative, one is MongolianMiningCorporation, the mineral company revenue last year of 277 US $fifty thousand, net profit of six US $ten thousand, market value of 334. Nine hundred million Hong Kong dollars, this benefit ratio of six ~ 96 times; this is a Mongolian owned mineral company, located in Mongolia, South Gobi TavanTolgoi, engaged in coking coal open-pit mining business.

Another South Mongolia energy company, which is also mining coking coal and power coal in southern Gobi, Mongolia, is still at a loss, but its market value still stands at 165. Six hundred million Hong Kong dollars (HK 1878).

Russian aluminum, South energy and Mongolia mining are all commodities, and Glencore, the world's largest commodity trader, was listed in Hongkong in May 25th, which is a major event of HKEx this year.

The super commodity trader's revenue last year reached 1449. Seven hundred million or eight hundred million dollars, a net profit of twelve. $9 billion. After this IPO, the market value reached 4621. Seven hundred million or eight hundred million Hong Kong dollars, which is a super heavyweight enterprise.

Glencore is both a trader and a logistics company as well as a miner.

The listing, on the one hand, is listed in London to attract the interest of mining investors. On the other hand, it is listed in Hongkong, which can attract Asian investors who know about trading companies.

The Glencore sold the world at the end of the scale of eleven. 6 billion shares, including the Abu Darby Investment Bureau, Blackstone fund, Singapore Investment Corp, Credit Suisse and Zijin of Fujian subscribe for three. 6 billion shares. Hongkong investors subscribed two. 7%, the total number of 31. 25 million shares, over subscription three. 92 times, sixty-six HK $53 per share, about $seven billion and five hundred million seven billion and five hundred million.

Glencore listed on the first day of the listing, down two. 5% compared with the underwriting price, but on the twenty-seven day, it closed sixty-seven. HK $five, which has been on the underwriting price.

In order to strengthen the color of Chinese people, Glencore nominated Ma Shimin and Lining as independent non-executive directors.

In addition to the shock of Glencore, at the end of last year, Vale, the largest iron ore merchant in Brazil, chose to list second in Hongkong.

Vale becomes HDR (Hongkong depository receipt) to introduce the first enterprise listed in Hongkong. Common stock and preferred stock will be listed in Hongkong at the same time. Whether HDR will become a competing target with Taiwan TDR is worthy of our attention.

In order not to allow Hongkong to be exclusive, Tu Guangshao, vice mayor of Shanghai in February this year, said that preparations for the Shanghai international stock market will be completed in the first half of this year, and the international board will be launched this year. This makes Shanghai international board really come to light from the staircase.

HSBC and Standard Chartered Bank are likely to take the lead in landing. This year, Shenzhen and Shanghai B shares are weakening, which is closely related to the opening of the international board. Shanghai's introduction of the international board has attracted more pressure from Hongkong international exchange.

The PRADA, Samsonite, and even COACH and BURBERRY announced that they were listed in Hongkong. This is definitely the biggest highlight of the stock market in Hongkong. The biggest hero is L'OCCITANE, who has taken root in the southern part of France and has successfully listed in L'OCCITANE.

At present, L'OCCITANE has a market value of three. Five. HK $7. 4 billion, which is three. 92 times higher than LVMH, BURBERRY and COACH. It has become the biggest appeal of international famous brand factories to Hong Kong.

With the large number of "Foreign Legion" listed on the HKEx, the HKEx is better than the Tokyo stock exchange.

In the eight 's, the Tokyo exchange was in the same name as New York and London. Japan is a major Asian city. Hongkong is only one of the four small dragons in Asia.

The market value of the Tokyo stock exchange reached six. Six trillion dollars in 1990. At that time, Hongkong was less than one trillion dollars. Now the Tokyo exchange market value is three. 54 trillion dollars, ranking third in the world, while the market value of Hongkong exchange is two. Seven trillion dollars, ranking fifth in the world. The Hongkong exchange still falls behind Tokyo exchange.

However, from the number of IPO households in Tokyo, there were 169 in Hongkong and eighty-eight in Hongkong in 2001. There were seventy-three in Hongkong and only nineteen in Tokyo. Last year, there were twenty-two in Tokyo and 113 in Hongkong. Moreover, Japanese enterprises saw the convergence of Hongkong IPO. Last year, Yau Cheng Holdings (96 HK) was listed in Hong Kong. This year, three Japanese companies are expected to be listed in Hong Kong. The effect of this exchange rate seems unlikely.

Taking Hongkong as an international financial center, backed by China, on the one hand, Chinese enterprises are coming to Hong Kong in an endless stream. Now, the market value of China's state-owned enterprises, central enterprises and private enterprises in Hongkong has already exceeded half of the market value of Hongkong's listed shares.

The HKEx has made a big hand, and internationally renowned enterprises have come to Hong Kong to list, from Glencore, Brazil vale, Russia aluminum, to Mongol mining, and Hongkong has become a hot spot for international commodity raw materials to be listed.

Hongkong, L'OCCITANE, Samsonite, PRADA, BURBERRY and COACH have announced their listing in Hong Kong.

And when Shanghai and Hongkong exchanges are seeking innovation and change, Taiwan exchanges should be the most dynamic Nasdaq market in Asia with the high ratio of Taiwan technology shares as the call, and the function of the first listing and the two listing, so that Taiwan will not fall behind in the upsurge of international capital flows to Asia.