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Investors' Insatiable Appetite for Chinese IPO's and Public Companies Doing Business in China
China-AsiaStocks.com Reports on Listings from Shanghai to Hong Kong to U.S. Markets, Updating Growing Stock Directory for Investors Following Sector
POINT ROBERTS, WA and DELTA, BC--(Marketwire - November 13, 2007) - InvestorIdeas.com and
China-AsiaStocks.com, its investor and industry portal focused on the
China-Asia sector, updates its growing stock directory with new public company
listings as investors witness the China IPO frenzy and seek investment
opportunities in the sector. From Shanghai's listing of oil and gas
conglomerate, PetroChina- China's largest domestic IPO, to the recent
Alibaba.com IPO on the Hong Kong stock exchange, the market can't fill the
growing appetite for China related listings.
According to a recent report by Ernst & Young, companies in mainland China
and Hong Kong raised $14.3 billion in the third quarter and the number of
company listings in Hong Kong and mainland China hit new records. Philip
Leung commented in their release "The record number of IPO's shows that
companies were quick to react to keen investor interest in equities ".
Outside of American Depositary Shares (ADS), investors can also invest in
the China play in the micro cap markets. After Market Support, LLC, a
wholly owned subsidiary of Keating Investments, is a financial marketing
firm specializing in creating liquidity for publicly traded stocks and has
worked with multiple clients that have gone public through reverse mergers
(a method of going public increasingly replacing IPOs for micro cap
issuers). Keating has an office and division in Shanghai
(www.keatingasia.com) According to Justin Davis of After Market Support,
LLC., currently working with Benda Pharmaceutical, Inc., (OTCBB : BPMA ),
smaller listed companies can provide investors the opportunity to get in on
the ground floor of China's dramatic growth story. Justin does advise
investors to complete their own due diligence and review SEC filings prior
to investing.
"To become a Keating reverse merger client like Benda Pharmaceutical, a
Chinese company must first pass muster through a rigorous and multi-layered
due diligence process. Keating begins with an overall analysis of the
industry, market opportunity, the company's relative competitiveness and
growth potential. If a company clears immediate hurdles, Keating then
drills deeper into business, financial and legal due diligence, conducting
multiple site visits and contracting independent, professionally-executed
background checks. Finally, each company must have in place a management
team that understands the business of being a U.S. public company. Many
firms do not stand up to this level of scrutiny. Those that remain resemble
Benda - already profitable, Benda has tremendous growth potential via
Gendicine®, the first gene therapy drug for the treatment of cancer on
the market, anywhere in the world."
Benda Pharmaceutical (OTCBB : BPMA ) is building its presence within the
fast growing Chinese market and beyond, forecasting that Gendicine® will
generate $16 million in revenue in 2008, up from estimates of $6.2 million
for 2007. In total, the Company anticipates revenues to reach $25.1 million
in 2007 and progressing upwards to $56.7 million in 2008.
Yahoo!s US$1 billion investment (40% interest) in Alibaba's
business-to-business trading portal, represents another alternative for U.S. investors
looking to participate in and own shares in companies doing business in
China .
Some notable recent and pending China listing market debuts include-
Longtop's (LFT) American Depositary Shares, posting significant gains its
first day of trading Longtop, provides information technologies services to
China's financial services sector.
Also making headlines- China National Heavy Duty Truck Co, a heavy truck
maker, in a Hong Kong IPO and Giant Interactive Group Inc ADSs (GA), an
online game developer . In the pipeline is AirMedia, planning to list its
ADSs on NASDAQ, trading symbol AMCN.
FUQI International, Inc. (FUQI) recent IPO at $9.00 has already had a range
of $6.50 - $11.75 and is currently down from its IPO debut. FUQI
International, Inc. designs high quality precious metal jewelry in China.
For investors researching the sector Investor Ideas China -Asia portal
offers a growing directory of listed stocks as a reference tool. Visit:
http://www.investorideas.com/Companies/China-AsiaStocks/Stocks_List.asp
Benda Pharmaceutical Inc. is a Showcase Company on Investor Ideas.
Compensation is disclosed in disclaimer below.
Visit: http://www.investorideas.com/co/bpma/
Additional Benda Pharmaceutical Inc Investor Resources
Fact Sheet:
http://files.shareholder.com/downloads/BPMA/151228937x4452657x111082/95430c49-a77a-43c9-89ad-d6cc75cffc59/FactSheet.pdf
PowerPoint Presentation:
http://files.shareholder.com/downloads/BPMA/151228937x4452657x111087/35a10e95-f328-45ad-81ab-529f6cc1af6d/Bendapresentation061107.pdf
Gendicine Video:
http://play.rbn.com/play.asx?url=shareholder/shareholder/wmdemand/bendavideo.wmv&proto=mms?mswmext=.asx
To read the full Ernst & Young China IPO report:
http://www.ey.com/Global/assets.nsf/China_E/1007_IPO_PR_Eng/%24file/IPO_Press%20Release_Eng_HK.pdf
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featured companies, news submissions and online advertising. Benda
Pharmaceutical, Inc. (OTCBB : BPMA ) $4000USD per month.