The company is up against one of the coziest clubs in the world, the Stock Exchange of Hong Kong, which likes to keep its Old Economy members happy by making it hard for precocious young upstarts to get a head start.
Consider for example the recent decision of the Securities and Futures Commission of Hong Kong to allow shares of the United Company RUSAL to be listed on the Hong Kong Stock Exchange.
FORBES: Do Inefficient Stock Markets Drive Bad Corporate Governance?
The British conglomerate said it was considering a separate listing of Swire Properties Ltd. on the main board of the Hong Kong stock exchange.
They now file and trade on the Hong Kong stock exchange instead of the London stock exchange prior to being acquired by Grandtop International Holdings.
Gurus were also big buyers of a new American Stock Exchange listing from Hong Kong, Man Sang Holdings, one of the largest purchasers and processors of Chinese cultured and fresh water pearls.
According to a September company disclosure to the Hong Kong Stock Exchange, Wu owns 43.2% of Longfor through the Wu Family Trust, which she set up in June 2008, one year before the company listed in Hong Kong.
FORBES: Divorce Knocks Net Worth Of China's Richest Woman But Makes Her Ex A Billionaire
And for those who follow the global markets, Girard-Perregaux's watch provides a financial function that keeps track of opening and closing times on the stock exchange in New York, London, Hong Kong and Tokyo.
Listed on the Hong Kong stock exchange, the restaurant chain had previously been lauded with a variety of awards.
FORBES: Penny-Pinching Tycoon Backs Down After Public Backlash
It already has some experience of going public, floating its Hong Kong operations on the territory's stock exchange over a year ago.
The deal will be settled by a combination of new shares and convertible bonds, said the company in a filing to Hong Kong Stock Exchange.
FORBES: Humanwell Healthcare Shows Consolidation Is Hot in China's Health Care
It was packed with Canadian companies in search of capital either through a direct listing (difficult, given profitability requirements at the Hong Kong stock exchange) or a partial investment by a cash-laden, resource-hungry Chinese firm.
Luxury has become such a mainstay of the China story that famous brands like Prada have o pted to list on the Hong Kong stock exchange.
应用推荐