United Asia Finance May Seek Hong Kong IPO If Valuations Improve
They now have a buy rating on the stock. Separately, analysts at Canaccord Genuity reiterated a buy rating on shares of International Personal Finance in a research note to investors on Tuesday, July 30th. They now have a GBX 700 ($10.86) price target on the stock. Finally, analysts at RBC Capital reiterated an outperform rating on shares of International Personal Finance in a research note to investors on Monday, July 29th. They now have a GBX 540 ($8.38) price target on the stock.
Finance Minister P. Chidambaram: No repeat of forced migration
Listing will improve our transparency and help us get capital for expansion, Nagahara said. If the market improves, with better price-to-valuation, Id like UA Finance to list on Hong Kongs main board. The company has no listing plans for now, he said. China is boosting lending to smaller entrepreneurs to bolster economic growth, creating opportunities for companies like UA Finance, which ran 94 mainland China outlets as of the end of June. The 22-year-old company seeks to add 30 to 40 outlets each year to offer unsecured lending to small and medium-sized companies and individuals, Nagahara said.
While Lok Sabha had to be adjourned till Tuesday after lawmakers protested the Kishtwar riots and raised some other issues, Rajya Sabha witnessed a lively discussion on the issue. Finance Minister P. Chidambaram, who represented the indisposed home minister Sushil Kumar Shinde, admitted that two Muslims and one Hindu were killed in the weekend violence. Violence…was the result of argument between two people, which led to the clashes between two groups, Chidambaram said.