Tom.com–2000

On 18 February 2000 began months old Internet startup Tom.com, its IPO and would for trading on 1 Open March to Hong Kong’s Growth Enterprise Market. The Internet company, Mr. Li Ka-shing’s Cheung Kong Holdings and Hutchison Whampoa majority-owned, planned to the frenzy that Hong Kong investors for new Internet stocks had the catch. The high demand for shares increases Tom.com Internet frenzy in Hong Kong to a new level reminiscent of the red-chip fever in 1997. Many of the re … Read more »

On 18 February 2000 began months old Internet startup Tom.com, its IPO and would for trading on 1 Open March to Hong Kong’s Growth Enterprise Market. The Internet company, Mr. Li Ka-shing’s Cheung Kong Holdings and Hutchison Whampoa majority-owned, planned to the frenzy that Hong Kong investors for new Internet stocks had the catch. The high demand for shares increases Tom.com Internet frenzy in Hong Kong to a new level reminiscent of the red-chip fever in 1997. Many of the private investors had no idea what the company was doing, but were on the IPO is a winner mainly because of Mr. Li’s clout with China bets. In this case, the student is asked to serve as investment adviser to a private investor considering Subscribe Tom.com’s IPO. The student is an analysis of the risks and opportunities of investing in Tom.com and a recommendation as to whether the client Tom.com’s to buy shares at the offering price.
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from
Su Han Chan,
Ko Wang
Mary Ho
Source: University of Hong Kong
20 pages.
Release Date: 1 January 2000. Prod #: HKU124-PDF-ENG
Tom.com -2000 HBR-case solution