Morning News - 02/03/2007
Latest news about CHA, EDU, HMIN, LFC, PTR, SOLF, UTSI:
LATEST NEWS
- Yingli Green Energy (NYSE:YGE): Maintained Buy at Nomura Securities on Current Market Conditions
- Shanda Interactive Entertainment (NASDAQ:SNDA): Maintained Underperform at Credit Suisse on Weakness of Aion
- Sina Corporation (NASDAQ:SINA): Upgraded to Hold at Citigroup; Price Target $30
- Vimicro International (NASDAQ:VIMC): Price Target Reduced at Morgan Stanley; Continued Losses Expected Until 2011
- Yingli Green Enery (NYSE:YGE): Downgraded by ThinkEquity; Recent Financing Dilutive to Earnings
- New Oriental Education (NYSE:EDU): Target Price Raised at Citigroup; Solid Quarterly Results Expected
- Simcere Pharmaceutical (NYSE:SCR): Bank of America Raises Price Target to $9
- CNinsure Inc. (NASDAQ:CISG): Maintained Overweight at Morgan Stanley; Expanding to Consumer Financial Market
- China Life Insurance (NYSE:LFC): Mainained Overweight at JPMorgan as Top Sector Pick
- Suntech Power (NYSE:STP): Barclays Capital Reduces Price Target to $16
- NetEase.com (NASDAQ:NTES): Deutsche Bank Raises Target Price to $41; Relationship with Activision Blizzard Driving Long-Term Growth
- China Mobile (NYSE:CHL): Nomura Securities Maintains Buy Rating; TD Netbooks Gaining Momentum
- Evergreen Solar (NASDAQ:ESLR): Upgraded by JPMorgan to Overweight on Attractive Valuation
- SunPower (NASDAQ:SPWRA): Upgraded by JPMorgan to Neutral; Price Target $25
- Baidu Inc. (NASDAQ:BIDU): Deutsche Bank Raises Target Price to $374 from $241
Saturday, February 03, 2007
Friday, October 27, 2006
HMIN Made a Strong Debut
HMIN (Home Inns & Hotel Management Inc.) opened up 59% at $22 on Thursday morning from the $13.80 offering price, and closed the first trading day at $22.50, up 63% from the offering price.
Thursday, October 26, 2006
Thoughts On HMIN's Final Pricing
HMIN (Home Inns & Hotels Management Inc.) was eventually priced at $13.80 per share, 15% above the high-end of the expected range of $10-$12, an indication of strong demand for the IPO. The stock will begin trading today (Oct 26, 2006).
Is the pricing reasonable?
Incoming IPO: HMIN - China's Leading Economy Hotel Chain
Home Inns & Hotels Management Inc., China's leading economy hotel chain, will begin trading on the NASNAQ sometime this week under the symbol "HMIN." The IPO has a pricing range of $10-$12 per share and a proposed market cap of $368 million.
IPO Prospectus:
http://sec.gov/Archives/edgar/data/1376972/000119312506212515/df1a.htm
Management presentation:
http://www.retailroadshow.com/links/show.asp?c=PUB-HMIN
Continue reading "Incoming IPO: HMIN - China's Leading Economy Hotel Chain" »
