Transcript of ARFI Herald #14 – The Russian Investor Relations Society Herald – June 2015 edition
- 1. - #14 2015
- 2. 2 , - , . : - - : http://arfi.ru/rus/1602 - - :
www.interfax.ru www.e-disclosure.ru - : Facebook -
https://www.facebook.com/groups/arfi.news LinkedIn -
http://www.linkedin.com/groups?gid=1025317 - "" -
http://www.slideshare.net/ARFI_content - , -
http://www.org-invest.ru , : . 11703/0220812576 . 11735/0220812500
. 11711/0220812584 Zoran Design , /. . ! ( 7000+ ) - :
contacts@arfi.ru !
- 3. 3 / #14 ( 2015) IR IR- 2015. + -. : ! 2015 - 2015 $200 10 -
XD China Group "" $300 ! Alt +
- 4. 4 $1 . En+ Group Ltd : 2020 MSCI $900 . 6 2020 Moscow seed
fund " " $10 Charoen Pokphand 1 . CITIC - $25 10- $4 - IPO "" $150
Unicredit Finnvera Polyus Gold : , "" :
- 5. 5 / #14 ( 2015) " " 60% IPO , 30% 1,3 . , 98% say-on-pay :
IR magazine Russia & CIS Awards : . Facebook : : ...
LinkedIn
- 6. 6 .. : , : - ( 17.03.2015) 2010 2011 2014 2015 2016 2017
2018 2019 2020 2021 2022 2023 2024 : - . ; CFETS / 2010 . 15 2010 .
: - - (), : " - ", 1,24 ( 2014) : ( ); 100 , - 50 , . 10 , - 40 . 2
. 41 , 39,5% . - - ; - (- ICICI); 7 2015 ; 09.03.2015 - ; 2015 .,
2016 . , . () " ". , . - , . . : - ICE ( 20.03.2015), 1919 ;
Barclays, HSBC, Bank of Nova Scotia, Societe Generale, UBS, ; 2015
Bank of China Ltd . - Industrial and Commercial Bank of China Ltd.
: , . : " ", " ", , "-", USMHoldings, "", "", " " , : . .. 2015:
245 (), (). 2015: , $69,6 (-$12,6 '15). : , ( 15 ). , . 20 , .
- 7. 7 / #14 ( 2015) 2010 2011 2014 2015 2016 2017 2018 2019 2020
2021 2022 2023 2024 : -. () (, , , , ) . , . : ; ; I . 2015 (Amex,
JCB, MasterCard, Visa) ; 25 76 , Visa, Visa ; 2015 - "". : ( SWIFT)
2015 ; 2015 91 : , " " - : (CIPS) 2015 ( SWIFT); " " : Universal
Credit Raiting Group (UCRG) ; UCRG - Dagong (), - () Egan-Jones (;
) 2013 UCRG . : ( ?) ( 10% , ) : " " (Silk Road Fund Co Ltd) $40 (
$100 ), " ". " , " XXI , 65 , (4,4 ). - 11 . , , , . , - 0,3-0,4%,
. : , . 22,1 ( Wantchinatimes). : $2,5 , . SRF : ( 65%), (CIC, ;
15%) - ( 15%), (CDB; 5%). 2014 . SRF , , 15- , 7-10 , , . : - - ()
Urals , - "" "", " ", "", "" "". ..()
- 8. 8 ..() 2010 2011 2014 2015 2016 2017 2018 2019 2020 2021
2022 2023 2024 : ( ) : ( ) : ( ). 2013 . 80% ( WGC). . Shanghai
Gold Exchange (, ).; . ; 2020 . ( Barclays). : (5- ), SDR ( ). : -
( , ) : (Asia Infrastructure Investment Bank, AIIB), , , , ; AIIB
$100 . 57 , , , , , , , , , , , , , , , , , . 29.05.2015 - . : 75%
27 , , 25% . AIIB 5,92%. -. 20,06%, 7,5%. . AIIB 2015 . . AIIB , ,
. 18 1. , . , , -, 0,5 ( 50 ). : 2015 - ( 100 . , 18 .) , - .
07.04.2015 - . . 07.07.2015 -
- 9. 9 / #14 ( 2015)
.....................................................................................................................24
-
........................................................................................................25
: & ........................................27
.................................................................................................................34
24 . : .......................... 34
...................................................................................36
...........................................................................................................................37
IR- 2015. 21 . : *21.05.2015+................. 37
..............................................................................................................................
37 IR-:
........................................................................................
38 - IR-
..................................................................................................................
38 Financial One
IR-........................................................................................................
38 IR- SlideShare !. 40
............................................................................................................................................
40 Thomson Reuters: " "
...........................................................................................................................................
40 : " ".... 40 : "
"...............................................................................................................................................
40 PwC: " : . Case:
"................................................................................................................
41 : " 2015 : (ABB) "
.............................................. 41 : "IPO "
....................... 41 ! Alt +
- 10. 10
.........................................................................................................................................42
[01.06.2015]
........................................................................................................................................................
42 IR Fesco *08.07.2015+...................................... 43
.........................................44 : INVESTOR RELATIONS,
.45 IPO SPO
................................................................50
2018 IPO
*10.07.2015+.....................................................
54 *09.07.2015+ ............................ 54 2020 [08.07.2015]
........................................................................................................................................................
55
*07.07.2015+..................................................................
56 *02.07.2015+........................................ 58
*02.07.2015+...................................................................
59 () IPO *26.06.2015+
................................................. 60 10% ""
*19.06.2015+
..................................................................................
60 IPO II 2016 *18.06.2015+61 IPO -
*18.06.2015+................................... 62 IPO -
[18.06.2015].... 62
*17.06.2015+.............................................................................
63 IPO 2016 *13.05.2015+
.............................................. 64 " "
*14.05.2015+................................................................
65 - IPO
*11.06.2015+..........................................................................................
66 IPO 5 . *08.06.2015+ ................ 67 *05.06.2015+
......................................................... 68 : ""
IPO "", [02.06.2015]
........................................................................................................................................................
69 "" IPO 2015
*26.05.2015+.......................................................
69 " " 500 IPO *25.05.2015+..................... 70 - B2B . IPO
*22.05.2015+................................................. 71
IPO 76 . *15.05.2015+........... 72
- 11. 11 / #14 ( 2015) FreshOffice IPO 2016 .
*12.05.2015+................ 73 2015 2016 , - . *04.05.2015] 73 IPO
12,22% 9,028
*30.04.2015+............................................ 81 IPO
*29.04.2015+...............................................................................
82 "" *27.04.2015+................................ 83 : "." SPO
*24.04.2015+ .... 84 , IPO
*23.04.2015+............................................. 85
DIGITAL IR
...............................................................................................................................................................86
Digital IR:
?.....................................................................................................................
86 :
.............................................................88 10-
$4 *15.07.2015+
........................................................ 88 "" $150
Unicredit Finnvera *14.07.2015+.......... 88 12% "" -
*13.07.2015+................................................... 90
: *13.07.2015+ ............................................ 92 3
*13.07.2015+................. 95 *13.07.2015+
..................................... 96 2013-2014
*10.07.2015+........................ 97 *10.07.2015+
......................................... 100 Oppenheimer Funds ""
[10.07.2015]
......................................................................................................................................................
101 *10.07.2015+
.................................................................................................................
103 :
*09.07.2015+........................................................
106 " " - *09.07.2015]........ 112 *09.07.2015+
............................................................. 113
[09.07.2015]
......................................................................................................................................................
114 4
*09.07.2015+...................................................................................................................
115 *09.07.2015+
.................................................... 116
*08.07.2015+..........................................................
117
*08.07.2015+........................................................
117 - *07.07.2015+......................... 123
- 12. 12 $10
*07.07.2015+.....................................................
123 Danone 700- *07.07.15+.......................................
125 $100 *07.07.2015+ ..................................... 125
*07.07.2015+
............................................................. 127
*06.07.2015+... 128 -
*06.07.2015+................................................... 129
"-"
*03.07.2015+..................................................................................................
130
*02.07.2015+...............................................................................................
130
*02.07.2015+......................................................
132 *01.07.2015+ .......................................... 132 KSG
Agro *30.06.2015+.............................................. 133
CTC Media 2006 *29.06.2015+
.................................................. 135 IPO
*29.06.2015+ ........... 136 ""
*29.06.2015+.....................................................................
138 10 *29.06.2015+ ................ 141 , *29.06.2015+
............... 142 "" :
*26.06.2015+................................ 142
*26.06.2015+................................................ 144 :
*25.06.2015+....................................... 145 " " $120
*25.06.2015+....................... 146
*26.06.2015+............................................ 147
*24.06.2015+.....................................................................................
148 20 *23.06.2015+................... 151
*23.06.2015+...........................................................................
152 *22.06.2015+ ..... 153 Forbes: *22.06.2015+
.......................... 154 EY:
*19.06.2015+.......................................... 155 XD China
Group "" *18.06.2015+ .................... 156 65
*19.05.2015+........................................... 157 -
*17.06.2015+
............................................................ 157
72,27% *23.06.2015+... 159 : , *22.06.2015+ .....................
160 : *21.06.2015+ ............... 165 : .
*21.06.2015+................ 165
- 13. 13 / #14 ( 2015) AIIB $50 *20.06.2015+................. 166
- 29 $20 . *20.06.2015+
...........................................................................................................................................................................
166 Charoen Pokphand 1 . *20.06.2015+ ......................... 168
*20.06.2015+........................................ 169 :
*19.06.2015] ......................................................
170 : , [19.06.2015]
......................................................................................................................................................
174 : , [19.06.2015]
......................................................................................................................................................
179 :
*19.06.2015+.........................................................
180 : IPO *19.06.2015+
....................................................... 181 :
*19.06.2015+.................................. 183 ?
*19.06.2015+.........................................................................
184 $300 *19.06.2015+ .................................. 188 - $20
*18.06.2015+ .................. 188 : - , *17.06.2015+..........
190 - *17.06.2015+.............. 196
*15.06.2015+............................................. 198
*11.06.2015+.................................................................................
200 *11.06.2015+..... 201 "" , - *10.06.2015]
.............................................. 201
*09.06.2015+........................................................................................
202 Moscow seed fund [09.06.2015]
......................................................................................................................................................
205 2015 7,5 [08.06.2015]
......................................................................................................................................................
206
*08.06.2015+........................................................................
207 *08.06.2015+
....................................................... 208 -
*08.06.2015+............................. 209
*04.06.2015+........................................................................
210 *04.06.2015+.............................. 212
*03.06.2015+..........................................................................
213 *01.06.2015+ .......................................... 214
(23,54%) *01.06.2015+ .................. 214
- 14. 14 emerging markets 2015 6
*01.06.2015+........................ 215 $1 . En+ Group Ltd
[26.05.2015]
......................................................................................................................................................
216 $3 , *25.05.2015+ .............. 216 " "
*24.05.2015+...........................................................................................................................
218 , , , - *23.05.2015+219 2,5
*22.05.2015+.....................................................................
219 " " *22.05.2015+.............. 220 IPO
*22.05.2015+............................ 221 EBRD [22.05.2015]
......................................................................................................................................................
221 : *22.05.2015+ .......................................... 222 6
; 2014 $56
*21.05.2015+................................................................................................
223 : Facebook , *20
2015+...............................................................................................................................
223 Polyus Gold *20.05.2015+
........................................ 224 *15.05.2015] 225
*19.05.2015+
.....................................................................................................................................
226 ""
*15.05.2015+.................................................................
227
*13.05.2015+....................................................
227 CITIC - *08.05.2015+..................................... 228 :
CITIC *15.05.2015+ ........................................ 230 2/3
- [13.05.2015]
......................................................................................................................................................
232 - - *13.05.2015+
...........................................................................................................................................................................
234 , .
*11.05.2015+.....................................................................................................................................
235 200 .
*09.05.2015+.....................................................................
238 $25 [08.05.2015]
......................................................................................................................................................
238 "" *05.05.2015+.............. 239 " " 2012-2013 *30.04.2015+
................. 240
- 15. 15 / #14 ( 2015) $1,5
*24.04.2015+.............................................. 241 2020
*24.04.2015+............................................ 242
*23.04.2015+
...........................................................................................................................................................................
244 Mosprime *23.04.2015+ ........................... 245 "" RU
DATA
*23.04.2015+.................................................................................................................................
246 *23.04.2015+249 11,5% *22.04.2015+.................... 250 " "
- *22.04.2015+....... 251 Moody's
*22.04.2015+......................................................................................
252 $200
*21.04.2015+.....................................................
253 : - ( 568 2014 ) [14.05.2015]
......................................................................................................................................................
254 *13.05.2015+.......................................... 255 ?
*11.05.2015+.......................................................................................
256 :
................................................................................258
[09.07.2015]
......................................................................................................................................................
258 1,3 . *01.07.2015+ ............................. 259 " "
*01.07.2015+
............................................................................................................................................
261
*30.06.2015+......................................................
262 "" *26.06.2015+............... 264 , 30% *22.06.2015+
........................... 266 - Polyus Gold [22.06.2015]
......................................................................................................................................................
267 *22.06.2015+ .............................................. 268
*10.06.2015+
...........................................................................................................................................................................
270 100% *08.06.2015+ ...... 271 8 ,
*08.06.2015+......................................................................................................................................
272 *15.05.2015+
...............................................................................................................................
273
- 16. 16 *04.06.2015+
...........................................................................................................................................................................
273 *28.05.2015+275 -
*14.05.2015+......................................................................................................................................
276 *12.05.2015+........... 277 60% - *12.05.2015+
...........................................................................................................................................................................
279 *07.05.2015+280 *05.05.2015+
...............................................................................................................................
281 :
..........................................................................282
, [09.07.2015]
......................................................................................................................................................
282 - *08.07.2015+
...........................................................................................................................................................................
283 " " *07.07.2015+.............................. 284
*01.07.2015+............................................... 285
*06.05.2015+ .................................................. 286
*24.04.2015+........................ 288
*22.04.2015+........................... 290 *21.04.2015+
............................... 291
[20.04.2015]...................... 292 - [18.04.2015]
......................................................................................................................................................
292 : ,
..........................................................................................293
: ,
...................................................................................................................................................
294 ........................................................ 294
.......................... 295 ,
................................................................................................................................
295
- 17. 17 / #14 ( 2015)
.................................................................................................................
296 - ................................................. 296 :
2016............................................ 297 : " "
...................................................................
297 , : .........................................................
298 , ,
..................................................................................................................
298 : .. 298 ? ...................................... 299 , ,
...................................................................................
300
........................................................................................
300 .................................... 301
.....................................................................
301 ?
.........................................................................................................
302
.............................................................................................
302 ?.................................... 302
............................................................................................................................................................
303 :
................................................................................................................................
303
............................................................................
304
.............................................................................................................................................................
304
.......................................................................................................................................................
304 - .
........................................................................................................................
305 ............. 305 , :
................................................................................
305 - , -
.........................................................................................
306 :
................................................................
306
- 18. 18 ,
.........................................................................................................................
308 :
............................................................... 308
" " (), (KASE): .......................... 309 10
..................................................................................................................................................
310 , , . ......... 310 19-21 12- 310
........................................................ 311 V-
...................................................... 311 NASDAQ
DUBAI (KASE)
.....................................................................................................................................
311
.........................................................................................................................................
312 ............................................. 312 : ,
...................... 312
...................................................... 313 ,
..............................................................................................................................
313 .......................................... 313
........................................................................
314 - FITCH
RATINGS.............................................................................................................................................................
314
G20?.....................................................................................
314 : , ............... 315
...................................................... 315
...........................................................................................
316 ............................................... 316
.................. 317
......................................................................................
317 - ........... 318 ................................... 318
................ 318
- 19. 19 / #14 ( 2015)
.................................................... 319
............................................. 319
...................................... 320 , .
....................................................... 320
....................... 320 :
...........................................................................................322
*14.07.2015+ ......................................................
322 *10.07.2015+....................... 323 :
*10.07.2015+.................................................................
324 $40 *08.07.2015+............................. 327
*06.07.2015+................................................ 328
*06.07.2015+
.......................................................... 329 IPO
*04.07.2015+ ......................... 333 - Yapingguo.com
*03.07.2015+............................. 333 *03.07.2015+
.................................... 334 2014 $89.1 *03.07.2015+
...... 335
*29.06.2015+...........................................................
335 IPO *29.06.2015+
......................................................... 336 -
*26.06.2015+ ............................. 336 2020
[26.06.2015]................................................................
337 50%. *25.06.2015+............................ 340 10%, 381
*25.06.2015+ .................................. 341
*24.06.2015+..............................................................................
341 CITIC $113 " , " *24.06.2015+............ 343 : , [18.06.2015]
......................................................................................................................................................
344 *18.06.2015+
......................................................................
345 -, [17.06.2015]
......................................................................................................................................................
345 - 32 $506
*12.06.2015+............................................ 347 MSCI
[10.06.2015]...........................................................................
347 IPO *08.06.2015+..........................................
348
- 20. 20 *05.06.2015+
.......................................................................................
349 100 ($16 ) [28.05.2015]
......................................................................................................................................................
351
*05.06.2015+............................................................................
351 2015 852 *05.06.2015+352
*04.06.2015+...........................................................................
353 -IPO: Focus Media *03.06.2015+
.................................................... 354 $900 . 6
*01.06.2015+................... 356 2014 11,69
*29.05.2015+.............................................................................................................................................
356 [29.05.2015]
......................................................................................................................................................
357 IPO *26.05.2015+ .......................... 358 $300
*25.05.2015+
..........................................................................................
359 *24.05.2015+
............................................................... 359
*22.05.2015+...................... 360
*22.05.2015+............................................. 360 Made
in China: 2025 *23.05.2015]
...........................................................................................................................................................................
361 ("Die Welt", ) *22.05.2015+........ 363
*21.05.2015+........................................................
366
*16.05.2015+...........................................................
366 100 *20.05.2015+
...........................................................................................................................................................................
367 WSJ: *19.05.2015+ ........................................ 368
: *19.05.2015+ ....... 369 IPO
*19.05.2015+..............................................................
370 *19.05.2015+...................................... 370
*18.05.2015+ ....................... 371
*17.05.2015+.............................................. 374
*16.05.2015+ ......................................... 375 22
*16.05.2015+............................................. 376
*11.05.2015+........................................................................
377 :
..............................................................................................378
- 21. 21 / #14 ( 2015) Facebook : $250 [14.07.2015]
......................................................................................................................................................
378 Reuters: M&A c 2004
*14.07.2015+..........................................................
379 , [14.07.2015]
......................................................................................................................................................
381 -10
*07.07.2015+........................................................................
382 38%
*30.06.2015+..........................................................
383 *29.06.2015+ ..................................................
384 $300 *09.06.2015+.............................................
385 98% say-on-pay [02.06.2015] .................. 386 *28.05.2015+
......... 386 SEC - $5,5
*23.06.2015+..................................................................................................
387 SEC IFRS US GAAP *22.05.2015+.... 388 SEC *17.06.2015+
........................................... 389 *03.06.2015+
................................... 389 *25.05.2015+
.................................. 391 Uber $1
*22.05.2015+.................... 391 *20.05.2015+
.........................................................................
392 *12.05.2015+
...........................................................................................................................................................................
395 SEC -
*07.05.2015+................................................. 396
emerging markets *20.04.2015+
........................................................................................................................................
397 : 2015 - 2015..................399
.............................................................................................................................405