国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

John Zhao seeks more targets in state sector reform

(Agencies) Updated: 2014-04-14 15:23

Last year, Hony also helped capitalize a 3 billion yuan fund with Shanghai Media Group's SMG Pictures to invest in television and film, primarily animation.

Hony Capital also is moving to complete its buy-out of New York-listed mobile games developer Giant Interactive

John Zhao seeks more targets in state sector reform
China Life annual profits up 123.9% 

John Zhao seeks more targets in state sector reform
China to insure elderly homes

Group, Zhao said.

In March Hony, Baring Private Equity Asia and Giant chairman Shi Yuzhu said they would acquire the 50.7 percent outstanding shares in the Cayman Islands-registered firm they did not own.

"We'll re-list that," said Zhao, declining to discuss markets or timelines. "We're still in the middle of trying to privatize it. It's a sizable business."

Forced creativity

Zhao, who has divested stakes in 15 companies, says that private-equity managers are finding increasingly creative ways to exit investments, as the shutdown of China's capital markets for more than a year and the difficult financing environment have taken their toll.

Initial public offerings, which represented more than 90 percent of private equity exits in 2011, decreased to less than one-fifth by 2013, according to Hony data.

"All this creativity is being forced out of us," Zhao said. "In China, we are seeing IPOs, mergers, management buyouts and buybacks. This is a good sign. There's a lot of work that a value-creation minded private equity firm can engage in."

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
苏尼特右旗| 囊谦县| 泗洪县| 南安市| 连云港市| 东乡族自治县| 渭南市| 夏邑县| 怀安县| 佛坪县| 安庆市| 兰州市| 泰兴市| 南木林县| 寿光市| 曲麻莱县| 浦江县| 二手房| 阳山县| 乌苏市| 磴口县| 平原县| 吉隆县| 武安市| 竹溪县| 新龙县| 柯坪县| 牙克石市| 许昌县| 曲靖市| 枣强县| 兴城市| 顺昌县| 龙山县| 江津市| 永善县| 凤冈县| 定日县| 平凉市| 峨边| 策勒县|