February 18, 2000, a monthly Internet startup, Tom.com, began its initial public offering and will be open for trading on March 1 at the growth of the Company in Hong Kong. The Internet company, majority-owned by Mr. Li Ka-Shing in Cheung Kong Holdings and Hutchison Whampoa, plans to catch the madness that investors in Hong Kong were new supplies online. The huge demand for the shares raised Tom.com Internet frenzy in Hong Kong to a new level like the red chip fever in 1997. Many retail investors had no idea that the company did not, but bet on the winner of the IPO to be largely due to the influence of Mr. Li with China. In this case, the student is offered as an investment advisor to the retail investor considering subscribing to the IPO Tom.com 's. The student will analyze the risks and opportunities of investing in Tom.com and make a recommendation that the customer should buy Tom.com shares at the offer price. "Hide
Su Han Chan, Ko Wang, Maria Ho Source: University of Hong Kong, 20 pages. Publication Date: January 1, 2000. Prod. #: HKU124-PDF-ENG