Nicheprofit Classroom

Sunday, April 3, 2011

Break the ice in China market and the acceleration of print media


According to Office of Press and Publication Administration Reform said: As of now, there are 10 more than the news publishers authorities handed it to market for a desk, waiting for clearance approval. Among these are Hunan, Sichuan, Guangdong, Jiangxi Corps publication such places, there are strong development momentum in recent years, the "Computer News" category of professional papers. The news means the print media listing and financing conditions are ripe, the pace accelerated.
Break the ice: The Road Publishing & Media listing
Long time, because the particularity of the industry, print media market has been closed, the topic is extremely sensitive. Compared with the publishing field, the first to break the news media, "ice" in the way "escape", and continue to break the old patterns, opened a Chinese print media to the public markets.
2000 3 months, the "Chengdu Business Daily" Brilliant spread through a subsidiary in Chengdu, Sichuan Electric Co. to buy 27.65% stake in a successful reverse merger. "Chengdu Business Daily" through the backdoor to enter the capital market, created a precedent for domestic media backdoor listing.
2000 9 months, the Ministry of Information Industry and the micro-computer Electronic Development Research Center, which Saidijituan, backdoor "ST Hong Kong and Macao," the ticker name then changed to "CCID media", Saidijituan its "China Computer Newspaper," and many other fine media.
2007 7 months, "Guangzhou Daily" backdoor Qingyuan Construction North (Group) Co., Ltd. (later renamed the Guangdong media) in the A share IPO.
Backdoor listing in addition to the news media, through other means of capital operation.
2004 12 22, to "Beijing Youth Daily" as the main Advertisement Media Beijing Media listing in Hong Kong, became the first overseas listed Chinese mainland media company.
Also the concern that the listing of the news media after 6 years, book publishing companies have begun the "ice-breaking trip." October 2006, Shanghai Xinhua Media Co., Ltd. completed reverse merger, became the first stock market listing in the domestic distribution business publications. May 2007, Sichuan Xinhua Winshare Chain Co., Ltd. listed in Hong Kong, became the first way through the IPO in the Hong Kong Stock Exchange main board listed companies issuing large state-owned publications.
Is destined to calm the capital market, while China's print media market is calm. December 2007, known as "China published the first stock," the Liaoning Publishing & Media Co., Ltd. in Shanghai Stock Exchange, became the first to edit the business and operations after the whole bundle listed publishing group. Liaoning Publishing Group's initial public offering is the listing of the activities of many first publishing group, will also China's first editor and business, and publishing enterprises listed on the merger package, involves breaking the existing policy, so, in the news publishing industry and securities investment are caused not a small movement.
The listing of Liaoning Publishing Group, is the securities industry generally understood that this is the Chinese government will further liberalize capital markets, a news publication of the strong signal. Form with proof that the current ongoing shareholding system reform CITIC Publishing House, China Insurance News Corporation to change the capital structure of the program has been approved, Zhejiang, Guangdong, Fujian, Xinhua Bookstore has completed the multi-joint-stock reform of state-owned ... ...
Future goals: nurturing strategic investors Listing of press and publication in the field of business along the way, the "essay" about much more than market itself, as published in the media one step ahead of each listing, there to break "the ice" move, but also explore the future of the line Fig. Director of Press and Publication Liu Binjie
would be the best notes, he said, "cultural industry investment and financing difficulties, as a constraint to their development problems," "an industry an industry, if there is no capital in, that is bigger and stronger empty talk.