Private Placement of Public Equity in China
Pengcheng Song
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Description for Private Placement of Public Equity in China
Paperback. Series: SpringerBriefs in Finance. Num Pages: 96 pages, 3 black & white illustrations, 23 black & white tables, biography. BIC Classification: KFF. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 5. Weight in Grams: 161.
By retrieving entries from the financial-data vendor Wind and collecting relevant data from private placement statements, the author builds a proprietary database and studies five aspects of private placement in China. He examines which listed firms are more likely to choose private placement over SEO in refinancing; he looks into the controlling shareholder’s decision on whether or not to purchase privately placed shares; he investigates how the offer discount is determined; he calculates announcement periods for abnormal returns on private placements. Where the abnormal return is significantly positive, he documents positive long-run abnormal return on private offerings and evidence supporting ... Read more
By retrieving entries from the financial-data vendor Wind and collecting relevant data from private placement statements, the author builds a proprietary database and studies five aspects of private placement in China. He examines which listed firms are more likely to choose private placement over SEO in refinancing; he looks into the controlling shareholder’s decision on whether or not to purchase privately placed shares; he investigates how the offer discount is determined; he calculates announcement periods for abnormal returns on private placements. Where the abnormal return is significantly positive, he documents positive long-run abnormal return on private offerings and evidence supporting ... Read more
Product Details
Format
Paperback
Publication date
2014
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
96
Condition
New
Series
SpringerBriefs in Finance
Number of Pages
80
Place of Publication
Berlin, Germany
ISBN
9783642550928
SKU
V9783642550928
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Pengcheng Song
Pengcheng Song holds a PhD in Finance from the University of Hong Kong and a BA in Economics from Renmin University of China. Currently he works as a post-doctoral fellow at China Huarong Asset Management Co., Ltd, which is one of big four “bad banks” in China. Prior to Huarong, he spent one year as an Associate at Arbor Ventures, ... Read more
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