Stock In A China Pen Maker

[Charles Skinner]

I am sure that this is a silly question that none of you will know how to the answer. It is ----- --- Is it possible for those of us in the U. S. to "buy stock" in Chinese pen companies like Jinhao and Hero?

 

An interesting thought, don't you think? What do you think.

 

C. S.

[tamiya]

Afaik

Shanghai Qiangu Stationery Co., Ltd

&

Shanghai Hero Group Co Ltd

are state owned private companies, not publicly listed.

 

Won't be able to buy shares in small volumes like a retail investor, but if you're looking at making a small fortune (out of a large one? ) in era of Red-enterprise China I suspect if you offer enough the govt might be happy to sell you the whole company if not 49%.

 

I suspect you might be envisioning them as large factories... they might be much smaller than you think.

[loubapache]

SHANGHAI HERO (GROUP) CO., LTD. has a registered capital of 167,440,000 RMB or less than 25 million USD.

 

http://www.hero.com.cn/about.html

[tamiya]

SHANGHAI HERO (GROUP) CO., LTD. has a registered capital of 167,440,000 RMB or less than 25 million USD.

 

"Registered Capital" doesn't really mean squat, it's just a book entry of the largest number you can think of... might as well be writing down a random telephone number. Doesn't necessarily mean there's Paid Up Capital of that amt and there's a huge pile of gold in the vault. U & I could easily go out establish a new shelf company with RC $25mill & PUC of $2

 

From what I gleaned off googling... Shanghai Hero had 150 staff & made 150,000 pens in ~2012, big fall from 1,000,000 pens just a decade earlier. That size of factory operations... could house in 20-30,000sqft? Maybe 100,000sqft including materials storage & despatch... but given their long legacy, they're probably in a huge estate 10X the size. No factual idea on latter, just guessing.