WH Group IPO is now more of a piglet

WH Group IPO is now more of a piglet

The Chinese pork producer has lowered the valuation for its planned Hong Kong listing to a fixed price of HK$6.20 per unit from HK$8 to HK$11.25.
Joko “Jokowi” Widodo has officially won the election but business, the markets and foreign investors might have to wait a bit longer for clarity.
Baring Asia is buying a stake in the UK’s clothing retailer Cath Kidston, the latest private equity firm to see opportunities in helping western brands expand in Asia.
Local government sells bond linked to shares of Hong Kong-listed Yuexiu Transport Infrastructure.
The water treatment firm sold the country’s first Singapore dollar perpetual bond since April.
More middle-and small-sized Chinese banks are planning to issue preferred shares. However, there are challenges for such issuance.

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