After Wednesday’s attempt at a block sale failed, Korea Exchange Bank managed to offload 4.35 million shares in Hana Financial Group, raising $167 million.
The luxury bag manufacturer, which boasts high-end retail clients such as Prada, held a secondary share offering that met with strong institutional investor demand.
Korea Exchange Bank aimed to sell 4.35 million shares in Hana Financial Group in a block trade.
Hong Kong-listed semiconductor company exploits chronic lack of supply to pay for acquisition of DEK from Dover.
The funds raised from the share offering, which met with strong international and local investor demand, is to be used to purchase a 40% stake in Istanbul's second airport.
Ion Investment, a portfolio company of the Singaporean investment fund, put 4.1 million shares up in a block trade, raising $174.7 million.
Maker of skyscraper windows sells convertible bond to redeem a previous out-of-the-money trade.
Other issuers listed in Hong Kong may follow suit now that the mainland Chinese IPO market has reopened but it could be slow going.
To help diversify its investor base, the company has a secondary listing planned in Hong Kong this week.
China's answer to Sotheby's and Christie's raised $331 million ahead of its Hong Kong IPO, with shares being priced at HK$33 a share, the top end of the range.
China aims to list a marine theme park in March, which would make it the first Asian theme park to go public. The roadshow begins Friday.
Bankers secured two cornerstone investors for Hanhua ahead of the Chinese microfinance company's listing.
The Australian oil and gas marine services provider started an accelerated bookbuild on Tuesday to help fund the $496m acquisition, which will almost double its vessel fleet.
The Chinese microfinance group aims to raise up to $400 million in an initial public offering in Hong Kong but it may not be an easy sell.
Private equity firm Excelsior Capital sells 37% of its stake in South Korea’s largest cable operator CJ HelloVision in a block trade on Thursday night.