archive-au.com » AU » A » APX.COM.AU

Total: 220

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • View News
    History Our Strategy Board of Directors Careers at APX News Newsletter Contact Us You are here Home About APX News Detail About APX About APX APX History Our Strategy Board of Directors Careers at APX News Newsletter Contact Us News Stocks soar as new exchange gets going 07 03 2014 AMANDA SAUNDERS BUSINESS SPECTATOR MARCH 07 2014 12 00AM THE first listings for the new Australian bourse the Asia Pacific Stock Exchange APX enjoyed a stellar debut day of trade yesterday Chinese health and diet products company Australia Samly Holdings Group jumped 10 per cent to 1 10 while e commerce logistics group ZhongHuanYun fared even better adding 18 4 per cent to 90c They listed at 11am yesterday kicking off the restart of trade on the revamped APX Australia Samly Holdings says an APX listing to raise 10 million will enable it to increase its access to capital to fund future growth increase its investment profile and broaden its shareholder base The health products and dietary and nutritional supplements group operates through parent company Shenzen Samly to run R D production and sales Its three core brands are Samly Nature s Life and Fu En Tang Both companies will

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=85 (2015-10-07)
    Open archived version from archive


  • View News
    escape listing delays that are affecting the Shenzhen and Shanghai bourses Sydney based Asia Pacific Stock Exchange said it expected to list up to 10 companies this year as it exploits growing business links and capital flows between Australia and the region APX is aiming to attract Chinese and other Asian companies keen to expand into a western market as well as Australian groups keen to expand their investor base into Asia There have been delays and a waiting list for companies listing in China and one of the advantages we offer is no queues said Joseph Law director of business development at APX Australia has one of the best regulatory regimes which gives investors confidence Before 2013 China was one of the world s most important venues for initial public offerings second only to the US In the first 11 months of 2012 the Shanghai and Shenzhen stock exchanges raised a combined 16 4bn from new listings according to data from consultants EY However mainland authorities locked down the IPO market in November 2012 due to concerns that a flood of new equity raisings would sap liquidity and damp sentiment in a market already struggling to reward investors China s market regulator reopened the IPO market in January but red tape and listing delays remain significant hurdles for companies many of which are looking to raise capital overseas Our vision is to be a vibrant marketplace with direct investment capability in both Australian dollars and Chinese renminbi by both Australian domiciled and Chinese domiciled investors said David Lawrence APX chief operating officer The exchange also aims to enable investors to trade and settle transactions in renminbi in future The first two companies to list on the APX are Australia Samly Holdings Limited a health products company and ZhongHuanYun Holdings

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=86 (2015-10-07)
    Open archived version from archive

  • View News
    here Home About APX News Detail About APX About APX APX History Our Strategy Board of Directors Careers at APX News Newsletter Contact Us News One Small Step For Closer Ties 06 03 2014 A small but significant step toward developing stronger economic relations between Australia and China will happen on Thursday when two Chinese companies list on the Asia Pacific Stock Exchange APX The two initial public offerings which are the first listings on the APX are health products company Samly Holdings and logistics support company ZhongHuan Yun Holdings Group Samly is issuing 10 million shares at 1 each and will have a market capitalisation of 40 million ZhongHuan Yun Holdings is raising 6 6 million and will have a market capitalisation of 26 3 million APX has adopted a similar business model to that used at the AIM exchange in London which uses sponsoring brokers to advise listed companies and provide some reassurance to potential investors There are 14 APX sponsors and the four accredited APX brokers are BBY CMC State One Stockbroking and Pershing Securities The APX is controlled by George Wang who migrated to Australia about 25 years ago Wang owns the AIMS Financial Group which

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=83 (2015-10-07)
    Open archived version from archive

  • View News
    Asia For China and other Asia domiciled businesses we offer an attractive venue with access to institutional and retail investors For Australian companies looking to expand their network and business in Asia a listing on APX is a great alternative and an opportunity to broaden their investor base and attract Asian capital Longer term our vision is to have a vibrant marketplace with direct investment capability in both Australian dollars and Chinese renminbi by both Australian domiciled and Chinese domiciled investors We look forward to introducing greater competition and innovation for listing services in Australia For example we are well advanced towards the establishment of a market in which investors will be able to both trade and settle in RMB David Lawrence said About the two initial APX listing and APX during 2014 Australia Samly is a large scale health products and dietary supplements business headquartered in Shenzhen and operating across China that is seeking to issue 10 million new shares at 1 each giving the company a market capitalisation of A 40 million ZhongHuan Yun Holdings integrates logistics support agency services with the manufacturing and sale of logistics package and parcels warehousing and storage and other logistics supply chain services mainly for China s rapidly growing e commerce market and with a view to expanding its distribution channels into Australia ZhongHuan Yun is seeking to raise A 6 6 million that would capitalise the company at 26 3 million The companies are both right in the middle of the burgeoning fast growing consumer market in China and epitomise the entrepreneurial growth oriented companies that APX is looking to attract said APX Chairman Ray Schoer While we have an excellent pipeline of listing prospects we want to make sure APX moves and grows efficiently and in a manageable process and to that end we envisage another ten or so companies listing during calendar year 2014 Ray Schoer said APX stakeholders can be assured we will be operating to the highest standards consistent with Australia s world class regulatory regime We have built a strong team of market professionals who understand the need for service quality innovation and market integrity David Lawrence said Copies of the prospectuses for both companies are available on the APX website Two more Brokers and one more Sponsor join APX APX Director of Business Development Joseph Law said that State One Stockbroking and Pershing Securities Australia had both been approved as APX brokers in recent weeks bringing the number of accredited brokers to four including BBY and CMC APX is processing applications from a number of other brokers and is continuing discussions with the Australian broking community as the commencement of operations on APX is scheduled for next month HWL Ebsworth has been approved as an APX sponsor bringing the total number of APX sponsors to fourteen We offer brokers a straightforward and value conscious venue that aims to deliver more products and bring in more investors and capital into Australia Joseph Law said Additional service

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=81 (2015-10-07)
    Open archived version from archive

  • View News
    trading recommences currently expected to be on March 6 subject to final approvals APX is set to become an important new venue and catalyst for greater capital flows and business links between Australia and Asia For China and other Asia domiciled businesses we offer an attractive venue with access to institutional and retail investors David Lawrence chief operating officer of APX For Australian companies looking to expand their network and business in Asia a listing on APX is a great alternative and an opportunity to broaden their investor base and attract Asian capital he said Longer term our vision is to have a vibrant marketplace with direct investment capability in both Australian dollars and Chinese renminbi by both Australian domiciled and Chinese domiciled investors We look forward to introducing greater competition and innovation for listing services in Australia For example we are well advanced towards the establishment of a market in which investors will be able to both trade and settle in RMB Lawrence said Australia Samly is a large scale health products and dietary supplements business headquartered in Shenzhen and operating across China that is seeking to issue 10 million new shares at 1 AU dollar each giving the company a market capitalization of 40 million AU dollars 36 million U S dollars ZhongHuan Yun Holdings integrates logistics support agency services with the manufacturing and sale of logistics package and parcels warehousing and storage and other logistics supply chain services mainly for China s rapidly growing e commerce market and with a view to expanding its distribution channels into Australia The company is seeking to raise 6 6 million AU dollar 5 94 million U S dollars that would capitalize the company at 26 3 million AU dollars 23 6 million U S dollars The companies are both right

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=82 (2015-10-07)
    Open archived version from archive

  • View News
    also recruiting further sponsors and brokers APX is currently in discussions with potential listing candidates based in both Australia and Asia with a goal of re commencing operations with these new listings in the first half of 2014 The APX platform will offer opportunities for Australian companies to expand their network and business in Asia especially China There are also opportunities for Australian companies listed on APX to broaden their investor base and attract Asian capital Commenting on the achievement of this milestone APX s Chief Operating Officer David Lawrence said We are pleased to receive final approval from the Australian regulators ASIC and are now very much open for business APX stakeholders can be assured we will be operating to the highest standards consistent with Australia s world class regulatory regime We have built a strong team of market professionals who understand the need for service quality and market integrity In response to market feedback we want APX to be a market attractive to both corporates and genuine medium to long investors For instance there will be no short selling allowed on APX and no encouragement of high frequency traders We welcome dialogue with the broking and investment community as we move towards re commencing operations and bringing new competition to the listings and trading markets in the first half of next year David Lawrence added Glenn Rosewall Executive Chairman of BBY Limited said As Australia and New Zealand s largest non bank owned stockbroker we are based locally but act globally BBY firmly believes in the booming Asia Pacific and we are strongly supportive of growth orientated companies in this region accessing Australian capital markets As one of the authorized brokers to the APX BBY is proud to be a facilitator of the rapidly developing interrelation between Australian investors seeking portfolio diversification beyond domestic borders and the Asia Pacific s growing demand for capital We are very excited about the strong interest we are receiving about the APX launch from our network of broker dealers private clients and global institutional investors Many opportunities are being unlocked through greater access to the Asia Pacific marketplace and we are keen to get involved with any companies interested in listing on the APX Andy Rogers Head of CMC Markets Stockbroking says that APX is an exciting addition to the local market and gives Australian investors the opportunity to access the Chinese economy with the reassurance that the same strict regulatory standards apply to the Chinese companies listed as those which are on our local bourse As the first APX participant CMC Markets Stockbroking continues to demonstrate its business agility to capitalise on new opportunities We look forward to a long standing relationship with APX to enable clients to diversify their portfolio and capitalise on this exciting Asian opportunity says Rogers Mr Ray Schoer APX Chairman said We are committed to bringing to fruition our vision for APX as a venue for growth oriented companies operating in the Asia Pacific region APX

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=80 (2015-10-07)
    Open archived version from archive

  • View News
    the Asia Pacific Stock Exchange We will bridge the gap between Asian and western capital markets says the 50 year old whose cropped hair and constant fidgeting of Buddhist prayer beads makes him look more like a monk than a businessman in a pin stripe suit Wang has been assiduously courting top Chinese provincial officials as well as Australian prime ministers and cabinet ministers In the boardroom of Wang s Aims Financial Group pictures of Wang posing with John Howard Kevin Rudd and Peter Costello dominate a wall In promotional booklets associated with the Asia Pacific Stock Exchange Wang is pictured with the vice mayor of Shenzhen Chen Yingchun and the chief executive of China Merchants Bank Ma Weihua Wang believes Australia is uniquely situated because it largely shares the same time zone as China to become the preferred stock exchange for the hundreds of thousands of private Chinese companies anxious to garner capital and international credibility with a foreign listing In the cities of Shenzhen and Beijing as well as the provinces of Jiangsu and Zhejiang Wang has met with about 1 000 companies over a six month period that were interested he says in listing on the Asia Pacific Stock Exchange The Chinese government is encouraging private companies to go overseas says Wang China wants the renminbi to internationalize Australian dollar trades on the Asia Pacific Stock Exchange will be cleared through the ASX The exchange plans for renminbi denominated trades to be cleared through a Chinese bank but has yet to get regulatory approval Still the exchange s listing business and market integrity rules have been approved Law firms Baker McKenzie and Norton Rose Fulbright have agreed to help with legal work associated with company listings Accountants BDO and Moore Stephens have agreed to audit the companies that wish to list their stock The exchange s servers that will process the trades sit in the Sydney suburb of Mascot Wang hopes a number of companies will list on the exchange this year enabling its trading system to be tested Wang s company now has branches in Beijing Shanghai Qianhai just outside Shenzhen Hong Kong and Singapore to go along with its Sydney and Melbourne offices David Lawrence a 20 year ASX veteran is the Asia Pacific Stock Exchange s chief operating officer All this is a far cry from Wang s upbringing in the town of Qionghai Hainan where he and his brother and sister were raised by a mother who was a housewife and a father who was a local government worker After high school Wang went to Shanghai to study environmental engineering at China Eastern University and then worked in the southern province of Guangdong that borders Hong Kong Perhaps getting a whiff of the capitalist air while working for the Guangzhou government Wang applied for a Japanese visa and was granted one But I said to myself why go there There are too many people he says Australia beckoned Wang studied English at a

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=78 (2015-10-07)
    Open archived version from archive

  • View News
    undertaken on the first batch of some 10 Chinese companies ranging from high tech to manufacturing and logistics to list on Australia s newest exchange the Asia Pacific Exchange APX Documentation for the first company to be listed is well advanced and expected to be completed within the next few months for listing before the end of the year Australian s Federal Government announced new Market Integrity Rules for the Exchange recently paving the way for to become operational George Wang Chief Executive of APX s parent company AIMS Financial Group told ATI that the due diligence process has to be even more stringent than for an Australian company because these are companies domiciled in China The companies seeking listing will be incorporated both in Hong Kong and Australia before they can be listed He says not all of the companies are seeking to raise capital although some would be seeking public equity Some Chinese companies want to seek a public listing to position them selves for future growth and international expo sure Our timing is good as the Chinese authorities are encouraging Chinese companies to go overseas says Wang In fact Chinese authorities last month relaxed rules for Chinese SMEs to list in Hong Kong It is hoped that those companies starved of capital to pay for expansion because of a credit squeeze in China will be able to tap into the liquidity present in the Hong Kong market APX will offer Chinese market participants an alternative listing venue to the Shanghai and Shenzhen stock exchanges in China Chinese companies which have listed out side the Mainland have mostly gone to Hong Kong and to a lesser extent Singapore and New York Recently the China Securities Regulatory Commission signed a Memorandum of Understanding with the US on the sharing

    Original URL path: http://www.apx.com.au/APX/Public/EN/About_APX/ViewNews.aspx?NewsID=75 (2015-10-07)
    Open archived version from archive



  •