Country Garden plans $410m rights issue

Country Garden plans $410m rights issue

Property developer run by China's richest woman Yang Huiyan opts for rights issue rather than block to avoid diluting her stake.
China Huarong Asset Management has brought in eight strategic investors, including Goldman Sachs, Warburg Pincus and Khazanah, ahead of a planned IPO next year.
Hong Kong is embarking on a global roadshow to market its first shariah-compliant bond, finally securing its place as a global hub for Islamic finance.
The Chinese securities house looks to boost cross-border business by redefining executives’ responsibilities.
Goldman Sachs and HSBC continue to lead the 2014 YTD equity capital markets and debt capital markets bookrunner rankings, respectively.
The private equity firm raises HK$4.095 billion from the sale of 650 million secondary shares in the Chinese pharmaceuticals group.

POLLS

What has been the most notable impact of Xi Jinping’s clampdown on corruption?




   |   View results
It is positive for business because of more transparent decision-making
  25%
 
It is bad for business because it has frightened corporate leaders, with many decision-makers caught up in the crackdown
  25%
 
It has created a fairer and more equal society
  25%
 
It has solidified Xi's power base
  25%
TOTAL VOTES: 8

 

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