2168.HK - YINGDE GASES

HKSE - HKSE Delayed Price. Currency in HKD
6.01
0.00 (0.00%)
As of 4:08PM HKT. Market open.
Stock chart is not supported by your current browser
Previous Close6.01
Open5.99
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.99 - 6.01
52 Week Range5.99 - 6.01
Volume423,687
Avg. VolumeN/A
Market CapN/A
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2.50
  • Private Equity Better Make Yingde Work
    Bloomberg8 months ago

    Private Equity Better Make Yingde Work

    PAG Asia Capital's HK$6 a share offer will take some justifying.

  • Reuters8 months ago

    Yingde Gases "accidental win" for minorities fans sparks of activism

    The messy battle to control China's largest producer of industrial gases has turned into a serendipitous victory for minority investors that could encourage more shareholder activism in Asia. The decision by Yingde Gases Group's shareholders earlier in March to oust five directors ended a four-month battle for control of the $1.6 billion company's board in a clash over how to improve its finances and business. The increase in public activist campaigns also highlights how investors including Elliott Management Corp, BlackRock Inc and Hong Kong-based hedge fund Oasis Management are becoming more public as they try to rally other minority shareholders to boost returns from laggard stocks.

  • Reuters8 months ago

    Air Products drops $1.5 bln bid for China's Yingde Gases

    Air Products and Chemicals Inc said on Friday it would drop a proposed $1.5 billion bid for China's largest producer of industrial gases, leaving the door open for a competing offer from Hong Kong-based private equity firm PAG. It gave no further reasons for its decision, which came less than a day after Yingde said its financial position could be "materially adversely impacted" following a management reshuffle. Yingde's profit warning sent its shares down 4.4 percent on Friday to close at HK$6.26.

  • SFC Mute on Yingde Mayhem
    Bloomberg8 months ago

    SFC Mute on Yingde Mayhem

    Investors should be asking where the SFC is in all of this.

  • Reuters8 months ago

    Yingde Gases shareholders vote for major board change

    A majority of Yingde Gases Group's shareholders voted to keep two of its co-founders and main shareholders on its board and oust five other board members, ending a four-month battle for control of the $1.5 billion company. Amid the power struggle, China's largest industrial gases company is in play, with U.S. industrial gas maker Air Products making a takeover approach, and Hong Kong-based private equity firm PAG agreeing to buy a substantial stake.

  • Reuters8 months ago

    Yingde shareholders vote to keep two co-founders on board -sources

    A majority of Yingde Gases Group's shareholders voted against a resolution to remove two of its co-founders and main shareholders from its board, the latest chapter in a battle for control that could result in changed leadership at the Chinese company. Amid the power struggle, China's largest industrial gases company is in play, with U.S. industrial gas maker Air Products making a takeover approach, and Hong Kong-based private equity firm PAG agreeing to buy a substantial stake.

  • Inside the Dispute Between Yingde's Three Founders
    Bloomberg9 months ago

    Inside the Dispute Between Yingde's Three Founders

    A four-month-old boardroom clash for management control of China’s Yingde Gases Group Co. may be about to end. Bloomberg's Jonathan Browning explains the situation on "Bloomberg Markets." (Corrects ...

  • Yingde Chairman's Buyout Deal Hampers Sale Process, Ousted Founder Says
    Bloomberg9 months ago

    Yingde Chairman's Buyout Deal Hampers Sale Process, Ousted Founder Says

    Yingde Gases Group Co. Chairman Zhao Xiangti’s agreement to sell his stake to a private equity firm undermined the chance of a better deal from other potential buyers, according to an expelled founder ...

  • Reuters9 months ago

    China's Yingde says CEO resigns, will remain as director

    Yingde Gases Group Co Ltd said on Monday Chief Executive He Yuanping has resigned and will remain a director of the company until the completion of a strategic review that may result in the sale of one of China's largest industrial gases firms. The company has been involved in a takeover battle in recent months rarely seen in Hong Kong, with the latest twist taking place last week when Hong Kong-based private equity firm PAG agreed to buy the combined 42.1 percent stake of co-founders Zhao Xiangti, Sun Zhongguo and Trevor Strutt for $616 million. Sun and Strutt, previously the Chairman/CEO and chief operating officer of Yingde, respectively, were relieved from their posts during a November board meeting that named Zhao chairman of the company and have since been in a legal fight to be reinstated.

  • Yingde's Shareholder Rights and Wrongs
    Bloomberg9 months ago

    Yingde's Shareholder Rights and Wrongs

    The Chinese company's feuding founders now plan to accept a binding private equity offer.

  • Reuters9 months ago

    Private equity firm PAG makes $616 mln bid for Yingde co-founders' stake

    Hong Kong-based private equity firm PAG has struck a deal with the three co-founders of Yingde Gases to buy their stake in the firm for $616 million, the latest twist in a months-long battle for control one of China's largest industrial gases company. PAG signed an agreement with Zhao Xiangti, Sun Zhongguo and Trevor Strutt to buy their combined 42.1 percent stake at a price of HK$6 ($0.7729) per share, Yingde said in a filing to the Hong Kong stock exchange.

  • Comedy of Errors at Yingde Gases
    Bloomberg9 months ago

    Comedy of Errors at Yingde Gases

    This plot has everything, from accusations to intrigue.

  • Bloomberg10 months ago

    Biggest U.S. Takeover in China in Decade Hangs on Board Spat

    Air Products & Chemicals Inc. has hit a bump as it attempts the largest U.S. takeover of a Chinese firm in more than a decade, stymied by an extended boardroom battle at Yingde Gases Group Co.

  • Bloomberg10 months ago

    Someone Should Put a Rocket Under Yingde

    It's been over a month since Air Products' bid landed.

  • Market Realist10 months ago

    Air Products and Chemicals Aims to Acquire Yingde Gases

    On January 13, 2017, APD stock closed at $145.35, posting a 0.7% rise for the week. APD outperformed the Materials Select Sector SPDR Fund (XLB), which went up 0.5% during the same period.

  • Bloomberg10 months ago

    Yingde Mess Isn't Just Hot Air

    Steering clear of the Chinese company may be a better course of action.

  • Bloomberg10 months ago

    Air Products Bids for China’s Largest Industrial Gas Maker

    Air Products & Chemicals Inc. made an offer to buy China’s biggest producer of industrial gases as it seeks to compete with rivals such as Praxair Inc. in an industry marked by a wave of consolidation....

  • Bloomberg11 months ago

    Creditors' China Conundrum

    If it results in a shareholder spat, bondholders can bear the brunt.