Equity warrants issuing conditions – some observations from Hong Kong Stock Exchange Cover Image

Uwarunkowania emisji warrantów subskrypcyjnych – kilka spostrzeżeń z Hong Kong Stock Exchange
Equity warrants issuing conditions – some observations from Hong Kong Stock Exchange

Author(s): Jakub Marszałek
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: equity warrants; shares issue; capital market

Summary/Abstract: Equity financing by issuing shares is one of the most important sources of capital for the companies. But even good companies may have some share issuing problems because of slump in the market, unstable banking system or shareholder structure difficulties. Equity warrant may be a very helpful financial instrument in such unfavorable circumstances. Some factors determining the use of equity warrant susceptibility analysis is the goal of this paper. The research focused on the equity warrants listed on the Hong Kong Stock Exchange from 1991 to 2009 shows some statistical relations between the stock prices conditions of the HKEx and share issues supported by equity warrants.

  • Issue Year: 2011
  • Issue No: 158
  • Page Range: 1022-1030
  • Page Count: 9
  • Language: Polish