HK Pre-IPO

1. Fantasia Holdings Group Co (HKD 2.18)

Pre-IPO: 24 Nov, Tue 4.30pm-6.00pm

IPO: 25 Nov, Wed

A property company focusing on four the fastest growing economic regions in China. The IPO was very well received with the retail tranche was 155 times covered and the institutional tranche was 40 times covered. Stock code is 1777 HK, lot size is 1,500shs.

2. China Minsheng Bank (HKD 9.08)

Pre-IPO: 25 Nov, Wed 4.30pm-6.00pm

IPO: 26 Nov, Thu

First National joint-stock commercial banks and 9^th largest bank in China. Corner stone investors include Asset Investment arm of Ping An Insurance and Chinese Estate Holdings. Retail tranche was 159 times covered. Stock code is 1988 HK, lot size is 500shs.

3. China Sands (HKD 10.38)

Pre-IPO: 27 Nov, Fri 4.30pm-6.00pm

IPO: 30 Nov, Mon

Leading casino operators, with casino including the Venetian Macau, the Sands Macau and the Plaza. Stock code is 1928 HK, lot size is 400shs.

Fantasia Holdings Group CO., Limited (The Company) is one of the leading property developer and property related service provider in China. The company first commenced their property development business in Shenzhen in 1996. The company has been involved and currently focuses their real estate activities in four of the fastest growing economic regions in China, such as Chengdu-Chongqing Economic Zone, the Pearl River Delta region, the Yangtze River Delta region and Beijing-Tianjin metropolitan region, after leveraging their broad experience and capabilities. The company and its members have received numerous accolades for their property development, service capabilities, design and quality.

China Mingsheng Bank (CMBC or the Group) Established in 1996, which is the first national joint-stock commercial banks held by non-public-owned enterprises, and the 9th largest bank in China. As at the end of 2009Q3, total assets and operating income of CMBC amounted to RMB1.4 trillion and RMB31.3 billion respectively. According to CMBC's estimation, the Group's net profits would increase by 53.2% yoy to RMB12.076 billion, and rose 11.7% and 31% yoy in 2010 and 2011 respectively.

China Sands is one of the leading operators of integrated resorts in Macau, which contain gaming areas, meeting space, convention and exhibition halls, retail and dining areas and entertainment venues. The casinos owned are the Venetian Macao, the Sands Macau and the Plaza. Also it operates 3 major high-speed ferry companies traveling between Hong Kong and Macau. As of Sept 09, revenue from casino contributed the largest portion of total net revenue, followed by those of rooms and malls.