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Hkex Group Will Not Issue New Shares Today.

2014/3/5 13:33:00 27

Fast Marketing GroupHongkongListed

< p > yesterday, the reporter confirmed from the fast selling group of UNIQLO parent company that the company will be listed on the main board of Hongkong stock exchange at 9 today.

It is reported that fast retailing group as the world's fourth largest casual wear brand retailer has been listed in Tokyo, Japan, the company said that the Hongkong listing is to enhance the visibility of the group in Asia, and expand the shareholder base from the region.

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< p > < strong > not issuing new shares, not raising funds < /strong > < /p >


< p > < < a href= > //www.sjfzxm.com/news/index_c.asp > > UNIQLO > /a > published by the parent company Xun marketing group, the company has chosen to make a second listing on the main board of < a href= > //www.sjfzxm.com/news/index_c.asp > the Hongkong stock exchange < /a > main board, involving 500 million pre depositary securities, 300 copies per hand, and each Hongkong depositary securities represents 0.01 share ownership rights and interests.

At present, the market value of the company is about HK $282 billion.

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< p > it is learnt that the xungang group is listed on the main board of Hongkong in the form of HDR, which will be listed in the form of second. It will not issue new shares without raising capital.

In response, the Xun marketing group told the new express reporter that there was no plan to issue new shares or fund-raising for lack of capital requirements. Although there may be future considerations, there are no specific plans to raise funds in Hongkong at present.

Some people in the industry have analyzed that, even if they do not issue new shares, they will not be able to raise funds, but the stock market will be able to get cash opportunities when they enter the market. After the listing, the funds will be more convenient, and new shares and convertible bonds can be issued to raise funds.

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< p > < strong > accelerate the expansion of the mainland to increase 80 new stores < /strong > < /p >


< p > it is speculated that in Hong Kong, a href= "//www.sjfzxm.com/news/index_c.asp" > Listing "/a" is also a preparation for the expansion of stores.

In fact, the importance of fast selling group to Asian market is increasing day by day.

According to Euromonitor data, the size of China's clothing market is expected to grow from 8.3% US $224 billion 600 million in 2012 to US $335 billion 300 million in 2017, becoming the largest apparel market in the world. This data is higher than that of Japan, Western Europe and North America in the composite annual growth rate of -0.4%, -0.5% and 0.1%.

As of August 31, 2013, Xun group's net sales of overseas UNIQLO accounted for 22% of net sales.

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< p > express group said that the number of shops in mainland China will increase from 225 to 305 in the fiscal year ending August 31, 2014.

Pan Ning, senior executive vice president of global marketing group and CEO of Greater China in UNIQLO, revealed that Southern China is a key force.

At present, UNIQLO has a shop in Victoria Plaza in Guangzhou, which is decorated in 5000 square meters. It will become the largest flagship store in Southern China and the second largest in the mainland.

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