Huatai raises $4.5b through HK IPO

Huatai raises $4.5b through HK IPO

Carried by the strong post-listing market performance of Chinese brokerages, HTSC's Hong Kong float qualifies as the largest regional offering of the year.
The Southeast Asian nation prices the largest single-tranche Islamic bond ever despite volatile market conditions, obtaining a total order book of $6.8b.
Hong Kong commemorates the birth of the Buddha with a bank holiday Monday.
Accelerated placement nevertheless allows Keppel Infrastructure Trust to secure the pricing needed to fund power plant acquisition.
A key architect of CIMB's acquisition of RBS businesses in Asia is joining HSBC to become regional head of large corporates for commercial banking.
Investors viewed the pricing of the e-commerce company's ADRs as too dear, despite backing by backing by Alibaba and SoftBank.

POLLS

How deep will job cuts run at investment banks this year?





   |   View results
Banks have already right-sized themselves
  17%
 
Banks will continue to jettison the lowest performing 5%-10%
  26%
 
Downsizing will go well beyond the lowest performing 5%-10% to as much as 30%
  27%
 
Aggressive hiring and lower fees since 2010 require radical cuts
  16%
 
None of the above - we expect to increase our headcount this year
  15%
TOTAL VOTES: 516

 

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