Corp. India IPOs Invest $33b in 10 Yrs, China $377b in 7 Days
May10, 2015 (C) Ravinder Singh progressindia008@yahoo.com
In spite of 16 Foreign Visits of PM, three more coming up, OECD meets,
BRICS Bank Chairmanship etc didn’t translate in to FDI or ODI – what
is most Distressing is that ODI for 2014-15 was Half of UPAs worst
year – barely $2.2b compared to $5.4b earlier. ODI Equity contribution
was just $0.559b.
When Corp China is mopping up $377b in IPOs next seven days – Indian
IPO Yield was barely $32.9b in 10 years, just $0.5b in 2014-15
including April2015.
This is CREDIBILITY CRISIS – Un-inventing, Manipulating, Cartelizing,
Corrupting Indian Corporate – China Corporate are Inventing, Learning,
and COMPETING.
Overseas Direct Investment – In US $ millions.
Month Equity Loan Guarantee Issued Total Financial Commitment
Feb.2015 326.27 263.81 1,924.48 2,514.56
March 2015 559.16 214.39 1,496.13 2,269.68
March 2014 2,941.38 461.66 2,068.05 5,471.09
March 2015 559.16 214.39 1,496.13 2,269.68
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power,
Transportation,
Water, Energy Saving, Agriculture, Manufacturing, Technologies and Project.
China Tsunami Sinks D-St
An avalanche of IPOs in China is pulling down Indian stocks. Money
managers in Singapore, Hong Kong and London are withdrawing money from
Dalal Street to bet on Chinese companies as the regulator there
resumed approving IPOs since December 2014. In a span of a week,
between May 5 and May 12, 25 Chinese companies would mobilise $377
billion, according to Bloomberg data. This is 11 times the amount
Indian companies raised through IPOs in the past decade and even
dwarfs India's forex reserves. The amount is almost three times the
cumulative FII equity investments into India since 1992-93. Chinese
IPOs are attractive since rules force companies to issue shares at a
substantial discount to valuation of listed peers. In the past one
year, all IPOs have recorded more than 40% listing gains. “We have
heard from sell-side brokers that some of the selling in India is
attributable to the fact that Chinese markets have outperformed
India,” said Nilesh Shah, MD, Kotak Mutual Fund. Chances are Indian
markets could remain choppy with the Chinese regulator planning to
clear more IPO applications, reports Ramkrishna Kashelkar.
May10, 2015 (C) Ravinder Singh progressindia008@yahoo.com
In spite of 16 Foreign Visits of PM, three more coming up, OECD meets,
BRICS Bank Chairmanship etc didn’t translate in to FDI or ODI – what
is most Distressing is that ODI for 2014-15 was Half of UPAs worst
year – barely $2.2b compared to $5.4b earlier. ODI Equity contribution
was just $0.559b.
When Corp China is mopping up $377b in IPOs next seven days – Indian
IPO Yield was barely $32.9b in 10 years, just $0.5b in 2014-15
including April2015.
This is CREDIBILITY CRISIS – Un-inventing, Manipulating, Cartelizing,
Corrupting Indian Corporate – China Corporate are Inventing, Learning,
and COMPETING.
Overseas Direct Investment – In US $ millions.
Month Equity Loan Guarantee Issued Total Financial Commitment
Feb.2015 326.27 263.81 1,924.48 2,514.56
March 2015 559.16 214.39 1,496.13 2,269.68
March 2014 2,941.38 461.66 2,068.05 5,471.09
March 2015 559.16 214.39 1,496.13 2,269.68
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power,
Transportation,
Water, Energy Saving, Agriculture, Manufacturing, Technologies and Project.
China Tsunami Sinks D-St
An avalanche of IPOs in China is pulling down Indian stocks. Money
managers in Singapore, Hong Kong and London are withdrawing money from
Dalal Street to bet on Chinese companies as the regulator there
resumed approving IPOs since December 2014. In a span of a week,
between May 5 and May 12, 25 Chinese companies would mobilise $377
billion, according to Bloomberg data. This is 11 times the amount
Indian companies raised through IPOs in the past decade and even
dwarfs India's forex reserves. The amount is almost three times the
cumulative FII equity investments into India since 1992-93. Chinese
IPOs are attractive since rules force companies to issue shares at a
substantial discount to valuation of listed peers. In the past one
year, all IPOs have recorded more than 40% listing gains. “We have
heard from sell-side brokers that some of the selling in India is
attributable to the fact that Chinese markets have outperformed
India,” said Nilesh Shah, MD, Kotak Mutual Fund. Chances are Indian
markets could remain choppy with the Chinese regulator planning to
clear more IPO applications, reports Ramkrishna Kashelkar.
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