5 IPOs Scheduled in July

July 2, 2007
By Ken Worsley


Last July, we saw nine IPOs in Japan, but this year brings only five. Three will trade on the Hercules market at the Osaka Securities Exchange. One will be listed on Jasdaq and the fifth on the Fukuoka Stock Exchange’s Q-Board.

Chinese online game site operator Nineyou International is set to be the second mainland Chinese form to IPO in Japan, after Asia Media’s debut on the Tokyo Stock Exchange back in April. Nineyou is expected to raise something in the range of 20 billion yen by going public.

In June, the average IPO had opening prices over 80% higher than offering prices.

Comments

One Response to “5 IPOs Scheduled in July”

  1. Shil on August 17th, 2008 12:53 am

    We heard that Japanese stock markets regulate internally when the trade order comes by a foreign person. In this way , they control buy and sale order so that foreigners cannot make profit. We also realized that Japanese companies do not reveal actual data. More generally, Japanese language is used in bulletin. These matters are very unfortunate in civilized society. If foreigners get fraud or lies and such inner trade controls once now body will invest in Japan. Please keep the system clean and use more English everywhere.

    Thanks.
    Shil

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