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Viewsroom

Syngenta’s bumper IPO will test Chinese appetite

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 1 June 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

The seeds-to-pesticides group is planning a $9 bln stock market float in Shanghai this year. In this Viewsroom podcast, Breakingviews columnists explain how investors need to get comfortable with its high debt levels and use of toxic chemicals that could hurt its valuation. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:26.4

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0:30.3

The views expressed on this podcast are those of the participants, not of Rourges News.

0:57.0

This is almost, you know, a poster trial, if you want, of China's ability to run foreign companies it has acquired, because it is true that, you know, Chinese players did manage to secure quite a bit of takeovers, you know, back in those years. But, you know,

1:03.9

there's been more recently a pushback. A test case of investor appetite for a company that reckons will help increase global food security will soon arrive on the Shanghai Stock Exchange.

1:10.0

Syngenta, a Swiss seeds-to-pesticides Maker, is planning a $9 billion listing.

1:16.6

The significance of this IPO for China and the rest of the world is the focus of this week's

1:21.6

Viewsroom.

1:22.7

Welcome back to the Views, a podcast from Reuters Breaking Views for columnists from around the

1:27.4

world talk about the big stories of the week. I'm your host, Amy Donnellan, coming back to the views room, a podcast from Reuters breaking views where columnists from around the world

1:27.5

talk about the big stories of the week. I'm your host, Amy Donnellin, coming to you from London.

1:34.5

Lamb of IPOs are a rare breed in this market, so there is much anticipation of Syngenta, a

1:40.4

seeds to pesticides maker that is planning a $9 billion listing in China.

1:45.3

It's been a long wait.

1:46.9

The process began two years ago, and there have been many twists and turns.

1:51.5

So here to talk to me about this fascinating saga is Yowin Chen, who's been covering the company,

1:56.9

as well as Lisa Yuka, our European business editor.

2:06.5

Thank you. as well as Lisa Yuka, our European business editor. Lisa and Yowant, you are very welcome to the newsroom.

...

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