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AsiaInfo Nears The End With Buyout Vote
End nears for AsiaInfo’s life as a public company The end of life as a public company is fast approaching for telecoms software maker AsiaInfo-Linkage (Nasdaq: ASIA), marking the end of a long chapter...
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AsiaInfo, Simcere Bow Out From New York
Curtain comes down on AsiaInfo, Simcere It seems appropriate that 2 more longtime-listed Chinese companies are bowing out of New York as we head into the final days of 2013, with word that shareholders...
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Chindex Joins Privatization Queue With Fosun Buyout
Fosun Pharma, TPG make offer for Chindex I’ll start this post with a major disclaimer, since one of my main reasons is simple sentimentality for writing about the newly announced buyout of New...
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Neglected Luye Finds Tonic In HK Listing
Luye jumps in HK debut The old saying “One man’s trash can be another man’s treasure” certainly seems pertinent for drug firm Luye Pharma (HKEx: 2186), which has found a receptive audience in Hong Kong...
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Giant, RDA De-List As Deal-Making Slows
RDK closes privatization Two more US-traded Chinese firms are on the cusp of de-listing, with online game operator Giant Interactive (NYSE: GA) and chipmaker RDA Microelectronics (NYSE: RDA) just...
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INTERNET: Perfect World Privatizes, Renren Next?
Bottom line: Perfect World’s de-listing plan is likely to succeed and could be followed by a merger with Shanda or Giant Interactive, while Renren is likely to also get bought out and de-list by the...
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FUND RAISING: Focus Media Eyes China Listing, Xueda Gets Buyout Offer
Bottom line: A booming China stock market and IPO reforms could fuel a new wave of re-listings by Chinese tech and media firms that were formerly traded in New York, led by an upcoming backdoor listing...
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FUND RAISING: Bond Issues Boom at Baidu, Ctrip as Buyouts Pause
Bottom line: Chinese Internet blue chips like Baidu and Ctrip should continue to flourish on Wall Street due to their leading status, while shares of smaller names will sputter and even plunge if a...
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BUYOUTS: Jiayuan Committed to Buyout, As Investor Doubts Persist
Bottom line: Earlier announcers of privatization plans like Jiayuan are likely to succeed due to their more reliable funding sources, but many of the deals announced by Chinese firms in the second half...
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BUYOUTS: Mindray Buyout Moves Ahead at Lower Price
Bottom line: Mindray is likely to finally privatize following its announcement of a new, lowered offer price, kicking off a new round of revised bids for some of the other Chinese companies that...
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BUYOUTS: Giant Eyes China Backdoor, Qihoo Still Trying
Bottom line: Giant Interactive is likely to achieve a backdoor listing in China over the next 12 months, while Qihoo could receive a new, lowered privatization offer by the end of this year. Giant eyes...
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BUYOUTS: Giant, Ming Yang Get Chilly Reception in China Migration
Bottom line: Weak share reaction to Ming Yang’s new buyout offer and a low valuation for Giant Interactive’s China backdoor listing reflect weakening investor sentiment towards poorly performing...
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BUYOUTS: E-House Lowers Buyout Price, Investors Flee
Bottom line: A new round of buyouts for US-listed Chinese firms is being greeted with skepticism due to China’s volatile economy, and could offer a good buying opportunity for investors with strong...
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BUYOUTS: Momo Goes Mum, Shanda Waves Bye-Bye
Bottom line: Momo may be reconsidering its de-listing plan as it approaches profitability and becomes comfortable in New York, while Shanda’s final de-listing testifies to the resourcefulness and...
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BUYOUTS: iKang’s Poison Pill, CMGE’s China Homecoming
Bottom line: iKang’s poison pill plan will kill a hostile offer for the company but could force a management-led group to raise its earlier bid, while CMGE’s China backdoor listing shows a quickening...
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BUYOUTS: Homeinns, Jiayuan Quicken Homecoming Pace
Bottom line: Domestic private equity is fueling a sudden resurgence in privatizations of US-listed Chinese firms, with a flurry of new deals likely to come after the signings of new buyout offers for...
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BUYOUTS: Solar Joins Homeward Trek with Trina Bid
Bottom line: The large premium being offered in Trina Solar’s new buyout reflects a recent flood of private equity chasing privatization deals for US-listed Chinese firms, and could breathe new life...
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BUYOUTS: Qihoo Advances, Jiayuan Hits Headwinds, Phoenix Next?
Bottom line: Qihoo is likely to complete its $9 billion privatization in the next few months at its original bid price, while Jiayuan’s buyer may have to raise its price again to placate unhappy...
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BUYOUTS: iDreamSky Buyout Advances, Price Unchanged
Bottom line: iDreamSky’s finalized buyout offer marks the start of a new wave that will see more than a half dozen US-listed Chinese firms sign similar offers by the Lunar New Year, mostly at the same...
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BUYOUTS: Law Firms Cast Chill On Synutra Buyout Bid
Bottom line: A flurry of lawsuits alleging undervaluation in the latest buyout offer for US-listed Chinese firm Synutra could signal growing new resistance to low valuations for many other existing...
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