New opportunities for sustainable development under the goal of carbon neutrality
On the occasion of world earth day, the annual meeting of Wei Lanxia was held in Beijing, calling on the public to participate in practicing the concept of low-carbon and environmental protection and go to a green future. The meeting began with Li Hongyao, chairman of the Pearl River Center, and introduced that Alxa see has long paid attention to all aspects of ecological environment protection and climate change, and Wei Lanxia is an important project under the pollution prevention and contr...
The PC version and host version of "double point campus" will be launched on May 18, 2022
January 28, 2022 Sega Co., Ltd The PC version and host version of “double point campus” will be released on Launched on May 18, 2022 - pre order now Join PC game pass and Xbox game pass console for the first time! SEGA ® Europe limited。 With two point studios Limited ™ I am honored to announce that the much anticipated game “two point campus” ™》 PC version and mainframe version will be launched on May 18, 2022! Players can log in to the official website or go to steam and Sony PlayStation ® 4...
Graduate students really have big brain holes. These "black technologies" are dazzling
Contestants debug works. Judges watch and score on site. Red net time, December 2 (reporter Zhou Dan, correspondent Chen Ying) a pipeline robot imitating the walking mechanism of moth larvae can shuttle freely in the inner diameter of pipelines of different sizes; The intelligent parking system can move the customer’s vehicles to the designated parking space by operating the loading platform, which can effectively solve the problems of “disorderly parking” and “difficult parking”; The intelli...
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New opportunities for sustainable development under the goal of carbon neutrality
On the occasion of world earth day, the annual meeting of Wei Lanxia was held in Beijing, calling on the public to participate in practicing the concept of low-carbon and environmental protection and go to a green future. The meeting began with Li Hongyao, chairman of the Pearl River Center, and introduced that Alxa see has long paid attention to all aspects of ecological environment protection and climate change, and Wei Lanxia is an important project under the pollution prevention and contr...
The PC version and host version of "double point campus" will be launched on May 18, 2022
January 28, 2022 Sega Co., Ltd The PC version and host version of “double point campus” will be released on Launched on May 18, 2022 - pre order now Join PC game pass and Xbox game pass console for the first time! SEGA ® Europe limited。 With two point studios Limited ™ I am honored to announce that the much anticipated game “two point campus” ™》 PC version and mainframe version will be launched on May 18, 2022! Players can log in to the official website or go to steam and Sony PlayStation ® 4...
Graduate students really have big brain holes. These "black technologies" are dazzling
Contestants debug works. Judges watch and score on site. Red net time, December 2 (reporter Zhou Dan, correspondent Chen Ying) a pipeline robot imitating the walking mechanism of moth larvae can shuttle freely in the inner diameter of pipelines of different sizes; The intelligent parking system can move the customer’s vehicles to the designated parking space by operating the loading platform, which can effectively solve the problems of “disorderly parking” and “difficult parking”; The intelli...
Share Dialog
Share Dialog
According to the documents of the Hong Kong stock exchange, Pisces Acquisition Corporation (hereinafter referred to as Pisces) has officially submitted the prospectus on March 2. According to the statistics of the reporter of China fund daily, as of March 4, Pisces is the ninth company applying for listing in Hong Kong through spac. The proposed investment fields of these spac companies cover new energy, biomedicine, consumption, new technology, etc.
Spac has no specific business, and its sole purpose of listing and financing is to acquire a private company within a period of time after listing, so as to realize the financing and listing of the latter.
In fact, just over two months after the entry into force of the SPAC listing mechanism of the Hong Kong stock exchange, it has attracted the participation of former Alibaba CEO Wei Zhe, Li Ning, former Hong Kong Monetary Authority President Chen Delin and other financial investment giants, as well as various investment institutions and China concept stock companies. Its momentum has exceeded that of the Singapore Stock Exchange (hereinafter referred to as the “Singapore Stock Exchange”) which first introduced the SPAC mechanism in September last year.
Behind the focus on the “new economy” is a 170 billion asset management company
According to the prospectus, the initiator of Pisces is Dongjian asset management, and the exclusive sponsor is CMB international. Pisces plans to focus on companies in high growth “new economy” industries, such as big health, new energy, new economy consumption and retail, advanced technology and other fields.
Dongjian asset management is an asset management company indirectly wholly owned by Dongjian International (0329. HK), a company listed on the main board of the Hong Kong stock exchange. According to public documents, as of December 31, 2021, Dongjian asset management was managing 18 funds, with an average total value of about HK $10.7 billion, and the maximum size of a single fund was US $560 million (about HK $4.4 billion).
Pisces also pointed out in the documents submitted that there is a large demand for private equity exit in Greater China, which brings a good opportunity to obtain considerable adjusted risk return for the M & A transactions of its special target acquisition companies. If there are any attractive opportunities when looking for M & A targets, it may also strive for M & A targets of special purpose acquisition companies outside the “new economy” industry.
As of the date of the document, the company has not selected or found any acquisition target of special purpose acquisition company. On the trading day of March 3 after submitting the prospectus, the share price of Dongjian international once rose by more than 7%, but it fell down as of the last trading day.
It is worth noting that the chairman of the board of directors of Pisces is Jiao shuge (also known as “Jiao Zhen”). According to the prospectus and CDH’s official website, Jiao shuge is the non-executive director and chairman of Dongjian and the co-founder and President of CDH investment.
CDH investment is one of the largest private equity companies in Greater China. Its predecessor is the direct investment department of CICC. According to CDH’s official website, as of September 30, 2021, CDH’s assets under management totaled more than US $27 billion (about 170 billion yuan). Its private equity investment business has invested in more than 90 enterprises, of which more than 60 have been listed. At present, CDH manages five US dollar funds and two RMB funds, with a cumulative management capital of more than 50 billion yuan.
According to the data filed by the fund industry association, CDH equity investment management (Tianjin) Co., Ltd. was established in May 2008, and the current management scale has exceeded 10 billion.
CDH’s private equity investment strategy focuses on long-term bets and focuses on domestic leading enterprises with sustainable market competition in China. The investment fields are concentrated but not limited to retail and consumer goods, agricultural industry, industrial manufacturing, medical and health care and other industries.
According to CDH’s official website, since its establishment, Jiao Zhen has successfully led more than 90 well-known brands investing in consumer goods, retail, manufacturing, modern services, health care, finance and other fields. Landmark cases include JS global, China Yuanda, sirtex, Kexing, lufax, Mengniu, Wanzhou International, etc.
Hong Kong stocks welcome the gold digging tide of spac
According to the current situation, spac in the Hong Kong stock market is expected to usher in a “bumper harvest”. In just two months, the HKEx has welcomed nine spac listing applications. According to the report released by PwC, it is expected that 10 ~ 15 spac companies will be listed in Hong Kong in 2022, raising about HK $20 billion to HK $30 billion.
After the establishment of the SPAC listing mechanism in Hong Kong, it has attracted many investment, financial and business elites such as Jiao shuge.
Prior to Pisces, on February 28, Hong Kong Huide acquisition company (hereinafter referred to as “Huide”) submitted a listing application to the Hong Kong stock exchange. The promoters of Huide include Chen Delin, former president of the Hong Kong Monetary Authority, and Zeng Jingxuan, former chairman of Standard Chartered Bank in Greater China (the sister of Donald Tsang, former chief executive of Hong Kong).
Chen Delin is a senior person in the financial field. He served as the president of the Hong Kong Monetary Authority from October 2009 to September 2019. After experiencing the Asian financial crisis in 1998, he led and launched the IPO of TraHK fund in Hong Kong stocks in 1999, raising HK $33.3 billion, which was the largest initial public offering in Asia (outside Japan) at that time.
On February 15, vision deal HK acquisition (hereinafter referred to as “vision deal”) submitted a listing application to the Hong Kong stock exchange. The sponsors of vision deal include Wei Zhe, former CEO of Alibaba and founder of Jiayu fund.
On January 31, Trinity acquisition Holdings Limited (hereinafter referred to as “Trinity”) Co sponsored by Li Ning, executive chairman and co chief executive of Well-known Athlete and sports brand, submitted a listing application to the Hong Kong stock exchange. Trinity plans to acquire global consumer lifestyle companies with strong growth potential in China, which may intersect with Li Ning’s “old line” of sports retail in the future.
In addition, it is worth noting that the next gold digger of Hong Kong stock spac is also Tianjing biological, an innovative biological drug company listed in the United States.
On February 21, vivre lifesciences acquisition (hereinafter referred to as “vivre”) submitted an application for listing to the Hong Kong stock exchange, which was jointly managed by dingpei asset management and Tian
According to the documents of the Hong Kong stock exchange, Pisces Acquisition Corporation (hereinafter referred to as Pisces) has officially submitted the prospectus on March 2. According to the statistics of the reporter of China fund daily, as of March 4, Pisces is the ninth company applying for listing in Hong Kong through spac. The proposed investment fields of these spac companies cover new energy, biomedicine, consumption, new technology, etc.
Spac has no specific business, and its sole purpose of listing and financing is to acquire a private company within a period of time after listing, so as to realize the financing and listing of the latter.
In fact, just over two months after the entry into force of the SPAC listing mechanism of the Hong Kong stock exchange, it has attracted the participation of former Alibaba CEO Wei Zhe, Li Ning, former Hong Kong Monetary Authority President Chen Delin and other financial investment giants, as well as various investment institutions and China concept stock companies. Its momentum has exceeded that of the Singapore Stock Exchange (hereinafter referred to as the “Singapore Stock Exchange”) which first introduced the SPAC mechanism in September last year.
Behind the focus on the “new economy” is a 170 billion asset management company
According to the prospectus, the initiator of Pisces is Dongjian asset management, and the exclusive sponsor is CMB international. Pisces plans to focus on companies in high growth “new economy” industries, such as big health, new energy, new economy consumption and retail, advanced technology and other fields.
Dongjian asset management is an asset management company indirectly wholly owned by Dongjian International (0329. HK), a company listed on the main board of the Hong Kong stock exchange. According to public documents, as of December 31, 2021, Dongjian asset management was managing 18 funds, with an average total value of about HK $10.7 billion, and the maximum size of a single fund was US $560 million (about HK $4.4 billion).
Pisces also pointed out in the documents submitted that there is a large demand for private equity exit in Greater China, which brings a good opportunity to obtain considerable adjusted risk return for the M & A transactions of its special target acquisition companies. If there are any attractive opportunities when looking for M & A targets, it may also strive for M & A targets of special purpose acquisition companies outside the “new economy” industry.
As of the date of the document, the company has not selected or found any acquisition target of special purpose acquisition company. On the trading day of March 3 after submitting the prospectus, the share price of Dongjian international once rose by more than 7%, but it fell down as of the last trading day.
It is worth noting that the chairman of the board of directors of Pisces is Jiao shuge (also known as “Jiao Zhen”). According to the prospectus and CDH’s official website, Jiao shuge is the non-executive director and chairman of Dongjian and the co-founder and President of CDH investment.
CDH investment is one of the largest private equity companies in Greater China. Its predecessor is the direct investment department of CICC. According to CDH’s official website, as of September 30, 2021, CDH’s assets under management totaled more than US $27 billion (about 170 billion yuan). Its private equity investment business has invested in more than 90 enterprises, of which more than 60 have been listed. At present, CDH manages five US dollar funds and two RMB funds, with a cumulative management capital of more than 50 billion yuan.
According to the data filed by the fund industry association, CDH equity investment management (Tianjin) Co., Ltd. was established in May 2008, and the current management scale has exceeded 10 billion.
CDH’s private equity investment strategy focuses on long-term bets and focuses on domestic leading enterprises with sustainable market competition in China. The investment fields are concentrated but not limited to retail and consumer goods, agricultural industry, industrial manufacturing, medical and health care and other industries.
According to CDH’s official website, since its establishment, Jiao Zhen has successfully led more than 90 well-known brands investing in consumer goods, retail, manufacturing, modern services, health care, finance and other fields. Landmark cases include JS global, China Yuanda, sirtex, Kexing, lufax, Mengniu, Wanzhou International, etc.
Hong Kong stocks welcome the gold digging tide of spac
According to the current situation, spac in the Hong Kong stock market is expected to usher in a “bumper harvest”. In just two months, the HKEx has welcomed nine spac listing applications. According to the report released by PwC, it is expected that 10 ~ 15 spac companies will be listed in Hong Kong in 2022, raising about HK $20 billion to HK $30 billion.
After the establishment of the SPAC listing mechanism in Hong Kong, it has attracted many investment, financial and business elites such as Jiao shuge.
Prior to Pisces, on February 28, Hong Kong Huide acquisition company (hereinafter referred to as “Huide”) submitted a listing application to the Hong Kong stock exchange. The promoters of Huide include Chen Delin, former president of the Hong Kong Monetary Authority, and Zeng Jingxuan, former chairman of Standard Chartered Bank in Greater China (the sister of Donald Tsang, former chief executive of Hong Kong).
Chen Delin is a senior person in the financial field. He served as the president of the Hong Kong Monetary Authority from October 2009 to September 2019. After experiencing the Asian financial crisis in 1998, he led and launched the IPO of TraHK fund in Hong Kong stocks in 1999, raising HK $33.3 billion, which was the largest initial public offering in Asia (outside Japan) at that time.
On February 15, vision deal HK acquisition (hereinafter referred to as “vision deal”) submitted a listing application to the Hong Kong stock exchange. The sponsors of vision deal include Wei Zhe, former CEO of Alibaba and founder of Jiayu fund.
On January 31, Trinity acquisition Holdings Limited (hereinafter referred to as “Trinity”) Co sponsored by Li Ning, executive chairman and co chief executive of Well-known Athlete and sports brand, submitted a listing application to the Hong Kong stock exchange. Trinity plans to acquire global consumer lifestyle companies with strong growth potential in China, which may intersect with Li Ning’s “old line” of sports retail in the future.
In addition, it is worth noting that the next gold digger of Hong Kong stock spac is also Tianjing biological, an innovative biological drug company listed in the United States.
On February 21, vivre lifesciences acquisition (hereinafter referred to as “vivre”) submitted an application for listing to the Hong Kong stock exchange, which was jointly managed by dingpei asset management and Tian
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