As the fifth state-owned deal so far this quarter the track maintenance equipment manufacturer is differentiating itself with a much smaller cornerstone tranche.
Thailand’s state-owned energy giant sold a 30.6% shareholding for $315 million, while Star Petroleum raised a further $50 million from the sale of new shares.
Proceeds from the IPO will help the Shandong-based lender catch up with other city commercial banks in terms of capital adequacy.
No surprise to the market as yet another jumbo Hong Kong deal is largely pre-sold to cornerstone investors ahead of the institutional bookbuild.
The Chinese steel heavyweight is potentially offloading its equity stake in China Construction Bank through an exchangeable bond structure in Hong Kong.
Singapore Reit follows the example of recent Hong Kong IPOs by locking its prospective flotation away with cornerstone investors.
Disruptive startups have China’s state-owned banks on the back foot. Now they are seeking capital to build on their initial success.
Japanese call centre operator Bellsystem24 is expanding in Asia now that it has completed a $411 million IPO, executives at the firm told FinanceAsia.
Dealogic's weekly league table round-up of equity and debt capital market issuance.
Chinese peer-to-peer lender Lufax is once again tapping investors ahead of a planned IPO next year.
Construction and property developer braves wintry conditions in the Philippines equity market to bring possibly the largest flotation of the year.
The Hong Kong IPO market picks up speed but will deals price to perform?
Food and beverage group prices low amid strong price sensitivity shown by institutional investors, partly due to market turbulence.
Carlyle-backed outdoor advertising company set to become the first Chinese company to de-list from the US and re-list on the A-share market through a reverse takeover.
Consumer goods company launches only the second $100 million-plus initial public offering of the year from Indonesia.