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Charles Chao, the chief executive of Chinese online power Sina, Weibo's parent, shrugged off the undersubscription, saying it was mainly important to achieve the listing and establish Weibo's separate identity.
Charles Chao, the chief executive of Chinese online power Sina Corp, Weibo's parent, shrugged off the undersubscription, saying it was mainly important to achieve the listing and establish Weibo's separate identity.
Moreover, because the value per property share increasingly falls as additional ticket holders register with one and the same piece of property, any oversubscription or undersubscription of specific properties would be avoided or weeded out quickly.
This protects the issuer against undersubscription, which can occur if a large proportion of investors don't exercise their rights or if bad news causes the market price of the share to fall below the subscription price.
495 percent Wednesday on buying prompted by an extremely rare undersubscription of the Bank of Japan's JGB-buying operations during the day.
This addition reflects the market's shrinking appetite for excess reserves and the increased incidence of undersubscription in the Bank's funds-applying operations.
In FY2001] undersubscription for fund providing operations was not uncommon" (BoJ 2002, 1).
I was coerced back into the sixth form to do A-level music, but they had to timetable it in my lunch breaks due to undersubscription.
As a result of undersubscription, unitholders who tendered their units will have all of their units purchased without pro ration and there will be no Post-Offer Odd Lot Purchases, as defined in the offer to purchase.
Also, if the oversubscription and undersubscription ratio is calculated on the total amount received by each company, then 37 companies were oversubscribed.
The elections made by Northwest shareholders resulted in an undersubscription for cash consideration.
But as banks' demand for excess funds weakens in line with receding fears about the nation's financial system, the central bank has recently been struggling to prevent the balance from falling below the target as signaled by frequent undersubscription for its day-to-day money market tenders.