HSBC is adviser to China Overseas Land & Investment

HSBC acted as the Sole Financial Adviser to China Overseas Land & Investment Ltd. (COLI) on its HK$2.5-billion Open Offer announced on 10 December 2008. The Open Offer was completed on 30 January 2009 and achieved 16.6 times oversubscription of shares available for excess application.

The transaction showcases HSBC’s strong capability to advise large PRC companies to support its long-term growth strategy across the economic cycles. It strengthens the capital base and enhances the financial position and net assets base of COLI under the prevalent financial market condition.

COLI is one of the largest property developers in the PRC and is a constituent of the Hang Seng Index as well as the Standard & Poors Global Property 40 Index with a market capitalisation of approximately HK$81.6 billion (US$10.5 billion) as of 5 February 2009.

Join Investment Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!