Word: sun
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...capital this year in initial public offerings (IPOS), more than double the amount forecast at the start of the year. That makes it likely that China will raise more money in IPOs in 2007 than every other major market in the world did in 2006. This year, says Richard Sun, a partner at PwC, only London is on pace to outstrip the Chinese markets in terms of IPO money raised...
...those investors have been starving for places to put their money. China, economists estimate, has nearly 30 to 40 trillion in RMB savings. "People have been accumulating wealth and are desperate for good investment opportunities," says Sun. But China's banks offer paltry interest rates on deposits, so for much of the past decade, Chinese poured money into the real estate market. In part, says Sun, that's because "all the good companies in China were listing in Hong Kong," which until very recently was off limits for the vast majority of Chinese investors. The result, in the first half...
...Hong Kong heartburn, because China still maintains strict limits on their ability to underwrite deals on mainland markets. They probably needn't worry too much, at least not yet. "Hong Kong is still an international market, and the mainland markets aren't, and won't be anytime soon," says Sun. "That's still enormously attractive to mainland (Chinese) companies." Indeed, the Shanghai-based Fosun Group, the largest privately held company in China, will try to raise more than $1 billion in an IPO in Hong Kong later this month - a deal underwritten by Morgan Stanley...
...looked like a great work environment because of the people," says rower Niles Kuronen, 26. "It was huge to be able to work with friends." It feels normal for Gen Y employees to check in by BlackBerry all weekend as long as they have flexibility during the week. Sun Microsystem's telecommuting program, for example, has kicked into high gear in response to Generation Y's demands. Today more than half of Sun's employees work remotely...
...monarch, Falun Gong demonstrators jostled for space with activists urging an end to political pressure on RTHK, Hong Kong's public broadcaster. As the crowd moved steadily through the streets of Causeway Bay, a popular shopping district, union representatives brushed shoulders with nationalists bearing oversized posters of Chinese revolutionary Sun Yat-sen and bright Taiwan flags. Groups of demonstrators broke up to make way for an oversized wooden float piloted by an elderly driver hawking traditional Chinese medicine for crow's feet...