The reporter learned from the insider that Beijing Automobile Co., Ltd. (hereinafter referred to as “Beiqi Sharesâ€) has passed the HKEx review and will introduce to investors from next Monday, and plans to finally list on December 18, 2014. Spare Part Of Fracturing Pump,Concrete Pump Spare Parts,Pump Spare Parts,Spare Part Main Pump Jiangyin Yida Machinery Manufacturing Co.,Ltd. , https://www.yidamachinery.com
After a long wait of more than five months, BAIC finally obtained a pass for the Hong Kong Stock Exchange (hereinafter referred to as "HKEx").
The reporter learned from the insider that Beijing Automobile Co., Ltd. (hereinafter referred to as “Beiqi Sharesâ€) has passed the HKEx review and will introduce to investors from next Monday, and plans to finally list on December 18, 2014.
The reporter obtained the above information at 7:00 pm on November 27, but then found in the “Application Version, Post-Hearing Data Set and Related Information†disclosed by the HKEx, that the application materials of BAIC are still being processed. At about 4 o'clock this afternoon, the reporter tried to contact the relevant person in charge of BAIC, but the person was very cautious. "There is still a report from Reuters."
According to Reuters, on November 27, BAIC Motors sought the approval of the Hong Kong Stock Exchange to approve its IPO (IPO) plan to seek financing of up to US$1.5 billion. If approved by the HKEx Committee, BAIC is preparing to introduce to investors from December 1. After that, an official IPO roadshow was held on December 8, and the stock price was public on December 12.
On July 2, BAIC submitted an IPO application to the Hong Kong Stock Exchange. According to the IPO application submitted by the company, it can be seen that the company's installed business is the most powerful and best-developed assets of the BAIC Group, including Powertrain, Beijing Benz and Beijing Automotive. The Powertrain Research Center is a wholly-owned subsidiary of BAIC. In addition, the listed company also holds a 51% stake in Beijing Benz and a 97.95% stake in BAIC.
An official who did not want to be named told reporters that the listing of BAIC shares can promote the management capabilities of the entire BAIC Group. Although the company integrates all the high-quality passenger car resources of BAIC, it is difficult to say whether BAIC's growth space can be activated. This is also a major question facing BAIC.
· BAIC shares were listed on the Hong Kong Stock Exchange for review on December 18