Secondary market buffer priced in to make sure the new asset class is a success.
ASM International raised $270 million and cut its stake to about 34.2% from 39.1% after its Hong Kong-listed unit posted strong quarterly results.
An unfavoured sector, unsettled markets and nearly three weeks of secondary market trading risk conspire to push pricing towards the bottom of the private equity firm’s expectations.
The sale by existing shareholders is for a stake of up to 15% in Indonesia’s largest telecom tower operator.
Taiwanese silicon wafer maker raises $469 million in island’s biggest GDR deal in nearly four years. It needs the cash to help fund acquisition of SunEdison Semiconductor.
Third largest IPO in Korean history prices at the top of the range, but is still expected to make a solid secondary market debut after amassing strong demand.
China’s fifth-largest bank has started gauging investor demand for an IPO of its offshore securities brokerage and investment banking arm, BoCom International Holdings.
China Everbright Greentech is first out of the gate after the Easter break with a discounted deal that aims to benefit from favourable regulation and sectoral share price gains.
HKEx may score a new wave of quasi-international listings as Chinese companies seek to unlock the value of European football club assets and burgeoning domestic investments.
Kingboard Chemical defied a recent run of weaker block trades in Hong Kong, selling $152 million of shares after the market close.
Deal prices 33% through the IPO range as company decides not to push the valuation to the detriment of secondary market trading.
Malaysia’s state investment fund is looking at issuing another exchangeable sukuk – potentially its fourth issue in the last five years.
Changzhou-based bike-sharing firm Youon will be the first to ride into the public market, having received approval for a Shanghai IPO.
Equity investors barely murmured after a block from the Korean instant messaging app operator. But they gave a movie giant less-than-stellar reviews, sending its stock spiralling after its own block closed.
The Chinese toll road operator received overwhelming demand for its debut €365 million H-share convertible bond, setting an example that other issuers could follow.