Anzeige
Mehr »
Login
Donnerstag, 28.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
Dow Jones News
1.269 Leser
Artikel bewerten:
(3)

EQS-News: LEE Ka Kit's investment in China Harmony New Energy Auto Holding Limited uncovers 'Tycoon-designated Placing Agent'

EQS-News / 10/12/2019 / 09:38 UTC+8 
 
*LEE Ka Kit's investment in China Harmony New Energy Auto Holding Limited 
uncovers "Tycoon-designated Placing Agent"* 
 
10 December 2019 (Hong Kong) - China Harmony New Energy Auto Holding Limited 
(3836.HK) announced on 21st November that it would place up to 52 million 
new shares at HKD3 per share to Successful Lotus Limited, an investment 
company wholly-owned by Dr. Lee Ka Kit. The gross proceeds from the Placing 
will be approximately HK$156 million. The current stock price is 17% higher 
than the placing price. The stepping in the new energy for automotive 
business of one of four big families Mr. LEE Shau Kee, Kit's father, has 
long been the focal point of Asian media attention. Its investment in the 
new energy automotive industry uncovered the "tycoon-designated placing 
agent" - RaffAello Securities (HK) Limited ("RaffAello"). 
 
It is not uncommon to see RaffAello's name in the presence of HK Tycoons. 
RaffAello Securities (HK) Limited is managed by TANG Tsz Kit, the major 
shareholder and the executive director of RaffAello. Tang was found in the 
shareholder list of Real Nutriceutical Group Limited (2010.HK) and Infinity 
Development Holdings Company Limited (640.HK), while the name of Mr. LI 
Ka-shing, the wealthiest billionaire in HK, was also listed in these two 
companies. Big names including GIC, the Singaporean government investment 
company, Franklin Templeton and CCBI etc were also found on the shareholder 
list of Real Nutriceutical Group. 
 
Raffles Partners, a sister company of RaffAello, has worked with New World 
Development Company Limited (017.HK), which is owned by another tycoon Mr. 
CHENG Yu-tung. At that time, New World Development formed a joint venture 
company, High Surplus with Asian Development Bank. High Suplus and Raffles 
Partners were the cornerstone investors of Chigo Holdings Limited which was 
listed in the HKEx in 2009. BNP Paribas was the sponsor of the IPO project. 
The issue price was HKD2.27 and it rocketed to HKD16, reaching a historic 
high in the following year after its IPO. 
 
In recent years, RaffAello worked with LEE Ka Kit very closely and has been 
the placing agent for LEE thrice. In the IPO project of Fineland Real Estate 
Services Group Limited (8376.HK), RaffAello Capital was the sole sponsor and 
RaffAello Securities was the sole bookrunner and the sole lead manager. 
RaffAello introduced Golf Limited, a company wholly owned by LEE, as one of 
the investors of this IPO project. In the same year, ZhuGuang Holdings 
(1176.HK) launched a rights issue. Golf Limited was one of the subscribers 
procured by the underwriter, RaffAello Securities. 
 
RaffAello served as the "tycoon-designated placing agent" again in the 
recent placing of new shares of Harmony Auto. Harmony Auto was listed in 
2013. It is a leading dealership group that deals exclusively in luxury and 
ultra-luxury passenger vehicles in China and provides services such as 
after-sales services, financing and insurance agents, and development of new 
energy vehicles. In 2015, Harmony Auto together with Foxconn and Tencent 
stepped into the new energy vehicle industry. Harmony Auto founded FMC, a 
smart intuitive vehicle company, in 2016. In 2018, Byton, a brand owned by 
FMC, released two concept vehicles and is now developing the third concept 
vehicle. The production of second concept vehicle, M Byte, is expected to be 
mass produced at the end of 2019 in Nanjing. LEE has invested in numerous 
intuitive vehicle projects and therefore it is not surprising to see him 
invest in Harmony Auto. 
 
-Ends- 
 
For enquiries, please contact: bh@goodnewspr.com.hk 
 
Document: http://n.eqs.com/c/fncls.ssp?u=DULTRTQQEE [1] 
Document title: LEE Ka Kit's investment in China Harmony New Energy Auto 
Holding Limited uncovers 'Tycoon-designated Placing Agent' 
 
10/12/2019 Dissemination of a Marketing Press Release, transmitted by EQS 
Group. 
The issuer is solely responsible for the content of this announcement. 
 
Media archive at www.todayir.com 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=22655d1d5c780bfc56bfe0f41901f6d7&application_id=931949&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 09, 2019 20:38 ET (01:38 GMT)

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2019 Dow Jones News
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.