日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

BOC Aviation ends flat on HK debut

(China Daily) Updated: 2016-06-02 08:24

BOC Aviation Ltd, the aircraft leasing unit of Bank of China Ltd that raised $1.1 billion from a share sale last month, rose as much as 4.4 percent during the intraday trading on its debut in Hong Kong on Wednesday.

Shares in the company closed at HK$42 ($5.4), after jumping as high as HK$43.85 earlier. BOC Aviation sold new and existing shares at HK$42 apiece in Asia's second-biggest IPO this year, and it plans to use the proceeds to help pay for new planes.

"You have growth and high visibility of earnings and higher returns," said Mohshin Aziz, an analyst at Malayan Banking Bhd in Kuala Lumpur. "People want lower risk returns. The story that Asia is the strongest region for aviation growth for the next 20 years seems to get well."

Asian leasing companies are boosting fleets as the region is set to overtake the United States as the world's largest market for aircraft in two decades.

Economic growth in China, India and Southeast Asia is spurring air travel and encouraging more companies such as billionaire Li Ka-shing's CK Hutchison Holdings Ltd to enter the plane-leasing market, whose returns can exceed those of airlines and are locked in through multiyear contracts.

BOC Aviation's initial public offering attracted 11 cornerstone investors, including Boeing Co, sovereign wealth fund China Investment Corp and Temasek Holdings Pte's Fullerton Fund Management Co, the lessor said on Tuesday. BOC International Holdings Ltd, the parent's overseas investment-banking arm, and Goldman Sachs Group Inc, were joint sponsors of the offering.

China Aircraft Leasing Group Holdings Ltd, which raised HK$728.9 million ($94 million) from an IPO in July 2014, fell on the first day of its trading. The shares of the company are now 44 percent higher than the offer price and trade at 9.48 times their estimated 2016 earnings. The price to earnings ratio for Air Lease Corp is 8.85 and 11.31 for Air Castle Ltd.

Shares in China Zheshang Bank Co, which priced HK's largest IPO this year, are down 1 percent since the offer, based on Tuesday's close.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 激情久久久久久久 | 夜夜骚av| 国产又爽又黄视频 | 五月婷网站 | 国产精品1页 | 亚洲永久 | 日本韩国一区二区三区 | 超碰网址 | 户外少妇对白啪啪野战 | 四虎永久地址 | 插入综合网 | 99在线免费观看视频 | 天天爱天天做天天操 | 在线成人亚洲 | 成人av在线网站 | 成人在线视频一区 | 欧美在线资源 | 在线毛片网站 | 蜜臀av性久久久久蜜臀aⅴ四虎 | av一区二区三区在线观看 | 999精品视频在线观看播放 | 在线三级av | 亚洲日本视频在线观看 | 欧美性猛交ⅹ乱大交3 | 一二三四区在线 | 欧美精品久 | 亚洲第一男人天堂 | 亚洲一区在线观看视频 | 一区二区视屏 | 日日干夜夜艹 | 欧美裸体视频 | 黄色专区 | 久久午夜国产 | 中文色网| 午夜免费观看视频 | 草草在线观看 | 欧美日韩视频在线 | www四虎 | 深夜福利久久 | 亚洲视频在线观看网站 | 国精产品久拍自产在线网站 |