Home | Business

Himfr Reports Belle Shoes pattern listed stir

By: frbiz man

Read More About Business

May 9, Belle International Holdings Limited (HKEx code: 1880, referred to Belle International) for the global offering, and is scheduled May 23 listing. As the largest women's shoes retailer, "Belle," the name taken from the French Belle (Beauty). However, the listing, he was an intermediary known as a "Cinderella" (Cinderella) in the code, through the further leap to achieve a vision of public palpable.

May 14 issue of "Finance" magazine, the International Programme Belle shares sold 1.396 billion H shares, according to price range (5.35 Hong Kong dollars to 6.20 Hong Kong dollar) cap design, is expected to raised 8.66 billion Hong Kong dollars. If the exercise of the over-allotment option, the funds raised will reach 9.955 billion Hong Kong dollars, the total market capitalization of 52.35 billion Hong Kong dollars, worth 36 billion Hong Kong dollars in one fell swoop than the GOME Electrical Appliances (Hong Kong Stock Exchange Code: 0493), to become the largest market capitalization of mainland HKEx retail listed companies.

Registered in Cayman, is headquartered in Shenzhen, Belle International, which owns Belle, day kindness (Teenmix), STACCATO (Staccato), really beautiful poem (Joy & Peace) and other footwear brands in the chain of eight, also Nike ( Nike), Adidas (Adidas) in China's largest distributor of sports shoes. 150 cities in the Mainland has more than 2,800 women shoe, sports shoes more than 1,000 stores, and in Hong Kong, Macau and the United States set up 35 retail outlets.

One person involved in offering investment banks to "financial" journalist said Belle International shares have been blocked for a long time landing H, Gein mainland regulators on private enterprises listed in Hong Kong had reservations, "two reasons, one of China's foreign exchange reserves are too high, the second is the proposal issued A share of these private enterprises to come back. "relevant sources, Belle International shares ultimately have no choice A, is unwilling to miss the window of time for queuing up at the same time, the Hong Kong IPO market in larger quantity.

IPO on the first day, Belle International has been 60 times oversubscribed, with its international placement has also been some 10 times oversubscribed. According to the prospectus, Belle International will raise 27% -31% of funds for the expansion plan, including the acquisition of companies or forming alliances with strategic partners. In addition, about 24% -25% of funds raised will be used to open new stores, including raising the level of market share and expand the market share of 23 cities, plans to open 1,000 new stores a year, including the establishment of more retail sports shop. Belle International has also promised an annual dividend plan for the consolidated profit attributable to shareholders of about 20% -30%.

However, some comments expressing concern that, Belle's shop too fast, and the Mainland, the consumption power of 23 cities and big cities still have a gap, thus the profits of the Belle future risks.

"Finance", the report said, China's shoes market remains highly fragmented, the industry leader in Belle are listed, will have a profound impact on the industry competitive structure. Belle IPO, holders of the famous brand of "Daphne" Prime Success International (Hong Kong Stock Exchange Code: 0210), with "1000 Baidu" brand Hongguo (listed in Singapore Stock Exchange) have been listed, and security step, such as Hong Kong and the Mainland shoe shoes are also gearing up, wait for market timing. Industry analysis, when the capital market is hot, the domestic shoe market is rapidly from industrial economy to a geometric growth of capital changes in the economy, market share can be expected to further focus has been

Article Source: http://depositarticles.com/

I am a professional editor from China Products, and my work is to promote a free online trade platform. www.himfr.com/ contain a great deal of information about free knitting patterns for hats,stuburt golf shoes,bead patterns, welcome to visit!

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Business Articles Via RSS!
Additional Articles From - Home | Business
Sign Up for a free account.
Our other websites
All about SEO
Beauty Tips Forum
Submit Articles
Member Login
Link Us
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Sitemap
New Stuff
About Us
Developer
Good shopping portal
Link to Us
Contact Us
Privacy Policy
Terms of Service

counter easy hit

Powered by Article Dashboard