Women's Shoe Retailer Hong Kong International Wants To Go To Hong Kong For The Two Time

The second largest in the mainland Women's wear Hung Guo international, a shoe retailer, chose to return to Hongkong after its privatization sale in Singapore in May last year. However, from the success of privatization to the current listing of Hongkong, only 1 years ago, the valuation of the company expanded from 6 yuan to 960 million yuan at the time of privatization, up to 7 billion yuan at present.

Hong Kong was listed on the new stock exchange in 2003, last May. formal Privatization eliminates cards. When privatisation, the company has a total valuation of about 960 million yuan, relative to its 2009 historical earnings ratio of about 10.4 times. The company explained that Hong Guo had made a cold call at the new stock exchange, with an average daily trading volume of only 1 million 18 thousand shares between 13 days from January 14, 2009 to March 2010, and privatization can also be given to investors. reasonable Cash opportunities.

Hong Kong intends to offer shares in September 12th for $300 million, about September 23rd. One of the underwriting group's Citigroup estimates that the reasonable valuation of Hong Kong is between 5 billion 190 million yuan and 7 billion yuan, corresponding to the 2011 earnings ratio of 15.2 times to 20.6 times. Hong Guo has many brands of women shoes, such as "thousand degrees", "Iraqi companion" and "Sun Dance". Hong Guo has its own brand 50% to 60% self-produced capacity