ASIA DAYBOOK: Alibaba IPO, PBOC, Sony, Toshiba, Gazprom, Alacer

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ASIA DAYBOOK: Alibaba IPO, PBOC, Sony, Toshiba, Gazprom, Alacer
2014-09-18 21:59:35.234 GMT

By Margo Towie and Steven McPherson
   Sept. 19 (Bloomberg) -- Today: South Korea PPI, Japan
industrial activity, New Zealand job ads; Prada earnings,
Alibaba expected to debut in New York (tomorrow Asia time).

WHAT TO WATCH:
* Alibaba said to raise $21.8b in record-breaking U.S. IPO
  * Canada pension invested $160m in Alibaba ahead of IPO
  * Muddy Waters says reports it’s targeting Alibaba are
    false
* U.S. stock benchmarks climbed to records as employment data
  boosted optimism; Gold, oil fell
* Sega Sammy shifts more developers to apps as gamers go
  mobile
* Mitsubishi, Hitachi execs charged in U.S. with price fixing
* Alacer says not currently involved in 3rd party talks
* Gazprom plans to issue H.K. depositary receipts: SCMP
* CAR Inc. gains 14% in pre-H.K. debut gray market: Standard
* Lotus may cut workforce 27% as sports-car maker needs
  savings
* Apple iPhone 6 wins Chinese radio frequency approval: Xinhua
  * Gold iPhones at $3,600 as H.K. traders sell on black
    market
* PBOC provides 3-mo. liquidity to AgBank, Bocom at 3.7%: Sina
  * Signals rate cut through repo operations: Barclays
  * May suspend repo sales soon in “deja vu”: Guosen
* China opens gold mkt to foreigners amid pricing ambition
* China orders video websites to take down TV apps this wk:
  Sina
* China to propose “cash for clunkers” program: Xinhua
* India’s Modi wins $20b Xi investment pledge amid border spat
* Sony may be cut to below investment grade at S&P
  * Debt worth buying post expected downgrade: BNP
* Toshiba to cut 900 jobs from PC operations
* Oracle sales miss ests. on cloud shift; Ellison exits as CEO
* Japan to release monthly economic assessment, usually
  morning; will lower assessment, Nikkei reported Sept. 17
* Scots independence voting ends as U.K. future hangs in
  balance
  * Scot Yes vote could curb oil to Asia significantly: Law
    Firm
* Peabody “encouraged” by metallurgical coal outlook
* Gary Tan, Standard Chartered head of mkts in Singapore, dies
* HSBC names David Long head of EMEA equities: WSJ
* 21Vianet accused in investor suit of lying about revenue
* SDIC Zhonglu to buy Jiangsu Huanya for 2.05b yuan
* Key eyes N.Z. election victory after Snowden, Eminem
  battering
* Vietnam bonds race past Indonesia on upgrade hope
* Thai premier apologizes for bikini-wearing tourist comments


ECONOMY (Hong Kong time):
* 5am: South Korea Aug. PPI y/y; -0.2% (prior 0.2%)
* 6am: New Zealand Aug. ANZ Job Advertisements m/m; no est.
  (prior -2.7%)
* 12:30pm: Japan July All Industry Activity Index m/m; est.
  0.0% (prior -0.4%)


CENTRAL BANKS (Hong Kong time):
* Nothing major scheduled


GOVERNMENT (Hong Kong time):
* China’s President Xi visits India
* Indonesian President Yudhoyono visits Portugal
* Philippine President Aquino speak in Berlin
* World Bank President speaks at Bloomberg Sydney
* G20 Finance Ministers, Central Bank deputies meet in
  Australia, through Sept. 20
* APEC meets in Beijing to discuss region’s food security
* Japan Cabinet Office economic report for Sept.
* 2014 Asian Games begin in Incheon, South Korea


EARNINGS (Hong Kong time, estimates where available):
* Prada SpA (1913 HK) 2Q EU182.8m  (4 analysts)


IPO WATCH:
* CAR 426.3m shrs at HK$8.5
* ELL Environmental Holdings to price 200m shrs at HK$0.4-
  HK$0.6
* Hotland to price 1.8m shrs at 2,010-2,110 yen
* NEW Concepts Holdings 100m shrs at HK$0.86


CORPORATE EVENTS/CONFERENCES (Hong Kong time):
* 7am: Milken Institute Asia Summit, Singapore; speakers
  include AirAsia CEO Tony Fernandes
* 9:15am: The Council on Tall Buildings & Urban Habitat annual
  conference, Shanghai
* 9:30am: Tokyo Game Show Forum and Exhibition; participants
  include Gree (3632 JP), NTT Docomo (9437 JP)
* 7:30pm: Singapore Summit opens, through Sept. 21
* Analyst/Investor Events: Japan Tobacco (2914 JP)
* AGMs/EGMs
  * Bharat Heavy Electricals (BHEL IN)
  * Oil & Natural Gas (ONGC IN)
  * Ranbaxy Laboratories (RBXY IN)
  * Guangzhou Automobile Group (2238 HK)
  * Industrial & Commercial Bank of China (601398 CH)


STOCKS TO WATCH
* Greater China Highlights
  * Autos: China to propose “cash for clunkers” program:
    Xinhua
  * Casinos: U.S. Macau-related casinos PTs cut below
    Bloomberg avg at JPM; Melco Crown (MPEL US), Wynn
    Resorts (WYNN US), Las Vegas Sands (LVS US), MGM Resorts
    (MGM US)
  * Internet: China orders video websites to take down TV
    apps this wk: Sina
  * Telecom: IPhone 6 wins Chinese radio frequency approval:
    Xinhua; China Mobile (941 HK), China Unicom (762 HK)
  * SDIC Zhonglu (600962 CH): To buy Jiangsu Huanya for
    2.05b yuan
* India Highlights
  * ICICI Bank (ICICIBC IN): In framework pact with China
    Exim Bank for $1b in credit lines
  * Oil & Natural Gas (ONGC IN), Reliance Industries (RIL
    IN): India to form panel on gas price increase by Sept.
    30
* Japan Highlights
  * Toshiba (6502 JP): To cut ~20% of global PC workforce
    this yr; keeps full-yr forecasts unchanged on better-
    than-expected performance in energy and infrastructure,
    electronic devices and components businesses
* South East Asia Highlights
  * Maybank (MAY MK): Philippines unit says in talks for
    potential acquisition
  * Keppel REIT (KREIT SP): To buy 1/3rd stake in MBFC Tower
    3 for S$1.2b from Keppel Land (KPLD SP); REIT raises
    S$228.2m with placement, requests lifting of trading
    halt
  * CyberPlanet (CYBER TB): Queried by Thai bourse after
    shrs rise 21% yday; NOTE: Shrs +139% in 4 days


MARKETS:
* S&P 500 +0.5% to 2011.36
* Stoxx Europe 600 +1.0% to 347.78
* Gold futures -0.8% to $1225.6/oz
* Brent futures -1.3% to $97.64/bbl
* U.S. 10-year Treasury yield little changed at 2.6144%


BLOOMBERG TV (Hong Kong time):
* 7:40am: Asianomics MD/Chief Economist Jim Walker
* 8:10am: Babson Capital Chairman/CEO Tom Finke
* 8:40am: Celebrity Chef & Restaurateur Gordon Ramsay
* 9:10am: Fortescue Chairman Andrew Forrest
* 9:30am: U.S. Open Finalist Kei Nishikori
* 9:40am: Former Singapore Ambassador to U.S. Chan Heng Chee
* 10:10am: Kimberly-Clark A-P Achal Agarwal
* 10:30am: Lazard Chairman/Former EU Trade Commissioner Peter
  Mandelson
* 10:40am: Razorfish Head of Strategy Seton Vermaak
* 11:10am: Saxo Bank Global CEO Lars Christensen
* 11:30am: Lord Mayor of Brisbane Graham Quirk


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To contact the reporters on this story:
Steven McPherson in Seattle at +1-206-262-4147 or
smcph...@bloomberg.net;
Margo Towie in Bangkok at +66-2-654-7313 or
mto...@bloomberg.net
To contact the editor responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdah...@bloomberg.net

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