In spite of the current economy recession, a home-grown restaurant chain South Beauty Group has got a 300 million yuan investment.

200 million yuan of the capital are from CDH Investments, a Beijing-based private capital firm and the rest belong to China International Capital Corporation (CICC), an investment bank in which Morgan Stanley holds a 34% stake. The two investors combined will hold less than 10% of the restaurant chain.

According to Rong Xuejing, the company’s spokeswoman, the valuation of the deal relates to an initial public offering, which prices the company Read more…

Popularity: 4% [?]

China, economy slowdown, econonmy, Financial crisis, investment, investor

Due to the drop down of share price and investor confidence, initial public offerings (IPOs), with no companies going public on mainland last month, have disappeared off the radar.

There were only 30 domestic companies going public in the third quarter this year, down 60.5 percent year-on-year, and the total funds raised on the Shanghai and Shenzhen stock exchanges fell 86.5 percent year-on-year to $3.12 billion, based on Beijing-based investment research and consulting firm ChinaVenture. Read more…

Popularity: 2% [?]

investor, IPO, mainland, radar, trace, uncertainty

According to the Ministry of Finance, the first electronic savings bonds of the year, worth about 30 billion Yuan, will be issued on May 16.

In 1994, China issued another variety of savings bond—the bearer treasury bond that has become a popular investment tool for the public and important channel for the government to raise funds for major construction projects. By comparison, the e-savings bond is more convenient for investors, such as interest will be paid by direct deposit into the investor’s account. The bond will be sold at branches of Industrial and Commercial Bank of China and only to individual investors.

In addition, further e-savings products will be introduced.

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Popularity: 2% [?]

bearer treasury bond, e-savings bond, investor, MOF