Related News
Stars' Future Bright As Studio's IPO Approved
MORE than 50 Chinese movie stars and film makers hope for dazzling returns on China's new Nasdaq-style market after Beijing-based Huayi Brothers Media Group won approval to trade on the Growth Enterprise Market in Shenzhen.
The market's examination committee announced its approval of the initial public offering on Sunday night.
Huayi Brothers will be the nation's first film studio to publicly list its shares. It expects to raise 620 million yuan (US$90.81 million) in its offering of 42 million shares.
Among its shareholders are China's top film director Feng Xiaogang, actor Huang Xiaoming and actress Luo Haiqiong. Feng has 2.8 million shares and is expected to garner 100 million yuan in the float. Huang has 1.8 million shares and Luo 540,000 shares.
Brothers Wang Zhongjun and Wang Zhonglei, the company's director and president, have a combined 57.8 million shares, 46 percent of the company's total. Ma Yun, president of Nasdaq-listed Alibaba, follows the brothers with 13.8 million shares, or 10.7 percent.
The market's examination committee announced its approval of the initial public offering on Sunday night.
Huayi Brothers will be the nation's first film studio to publicly list its shares. It expects to raise 620 million yuan (US$90.81 million) in its offering of 42 million shares.
Among its shareholders are China's top film director Feng Xiaogang, actor Huang Xiaoming and actress Luo Haiqiong. Feng has 2.8 million shares and is expected to garner 100 million yuan in the float. Huang has 1.8 million shares and Luo 540,000 shares.
Brothers Wang Zhongjun and Wang Zhonglei, the company's director and president, have a combined 57.8 million shares, 46 percent of the company's total. Ma Yun, president of Nasdaq-listed Alibaba, follows the brothers with 13.8 million shares, or 10.7 percent.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.