Equity Pipeline

Last Updated: 11 April 2014
Imminent Deals
Country Issuer Sector Instrument Type Amount Lead Manager Launch
China  Weibo  internet/tech   US IPO  $3.9 bn  GS, CS  April 16 
  Weibo  internet/tech   US IPO  $3.9 bn  GS, CS  April 16 
  WH Group  food/beverage   IPO  $5-6bn  BOCI, CITIC, DBS, GS, MS, Stan Chart, UBS, BofA Merrill, Barclays, CICC, CS, DB, ICBC, JPM, Rabobank.   April 22 
China/HK  M&G Chemicals  plastics  IPO  $501-591m  CiticS  cancelled 
  Lao Heng He  food & beverage  IPO  $100-1500m  MQ  Nov/Dec 
 
Other Deals
Country Issuer Sector Instrument Type Amount Lead Manager Launch
China/HK  ADChina  internet advertising  US IPO  <$100m  CS/GS   
  Bank of Shanghai  financials  A+H-shr IPO       
  Changan Auto  industrials  IPO  $150m  GS   
  Changsheng China Property   property  IPO  $145m  BOCI/CZ  withdrawn 
  Charter Group  retail  IPO  $250-350m  MS/GS   
  China Auto Rental  leasing  US IPO  <$140m  BAML/JPM/MS  cancelled 
  China Great Wall Electric  power equipment  IPO  abt $100m  CS/GJ  postponed 
  China Guangfa Bank  financials  A+H IPO  $5b+  BAML/Citi/DB/GS/CS/MQ/Citic   
  China Merchants Bank  financials  rights issue  <$5.4b     
  China Molybdenum  metals & mining  A-share IPO  Abt $579m  Essence/BOCI   
  China National Blue Star  conglomerate  IPO  $300m  ABNR/CS   
  China National Foreign Trade Transportation  transport  IPO    BOCI/CS/Citi   
  China National Nuclear Power  power production   A-shr IPO  <27b     
  Chinese Estates Reit  property  IPO    Citi/DB   
  Cinda Asset Management  financials  IPO    BAML/CS/GS/UBS  November 
  CN Innovations Holdings  manufacturing  IPO  $200-300m  CLSA/MS/MQ   
  Datong Coal Mine  natural resources  IPO  $300m  HSBC   
  E-Land Fashion China  retail  IPO  $300m  Citi/GS/UBS  withdrawn 
  EuroSibEnergo  power  IPO  <$1b  BAML/BOCI/CS/DB/RBS/RC/Sberbank/VTB   
  Fineland  property  IPO  $300m  JPM/MS   
  Future Land Development  property  IPO  $200-300m  BAML/CICC/HS  poss Nov 
  Galaxy Resources  mining  HK IPO  $200-250m  BNP/MS  postponed 
  GCL Silicon Technology  solar power  IPO  $750m  CS/MS  postponed 
  Giti Tire  manufacturing  IPO  $400-500m  BAML/CS  delayed 
  Global Market Group  online trading  US IPO  $36m  DB/PJ  postponed 
  Graff Diamonds  luxury goods  IPO  abt $1b  CS/DB/GS/HSBC/MS  cancelled 
  Hairun Media & Entertainment   media content  IPO  $100m  DB/NA  postponed 
  Harbour Networks  tech  IPO  $200 mln  CS/GS   
  HiChina Group  internet  US IPO  $100-150m  CS/MS   
  HK Airport Authority  transport  IPO       
  Hopewell HK Properties  property  IPO  $670-780m  BOCI/CS/Citi/HSBC/JPM  cancelled 
  Horizon Hospitality  property  trust IPO  <$850m  BAML/DBS/SC   
  Huaibei Mining  coal mining  A-shr IPO  abt $960m  GX   
  Jianlong Iron & Steel  metals  IPO  $500m  GS   
  LaShou  internet  US IPO  <$80m  BC/CICC/Jefferies  delayed 
  Mando China  auto parts  IPO  $213-270m  DB/MS  cancelled 
  New Century Shipbuilding  industrials  IPO  $1b+  BOCI/CCBI/CICC/DB  cancelled 
  Nexteer Automotive  auto parts  IPO  $236-325m  BOCI/JPM  cancelled 
  Ningbo Port Authority  transport  IPO  $250m  CS/MS/UBS   
  Nobao Renewable Energy  alternative energy  US IPO  $123-145m  Citi/DB/GS/UBS  cancelled 
  North China Lines  transport  IPO  $100m  GS/JPM   
  NW Hotel Investments  property, hospitality  trust IPO  $700-800m  DB/HSBC/JPM/BOCI/SC   
  Resourcehouse  mining  IPO  $3.3-3.6b  BOCI/HSBC/RBS/UBS  postponed 
  Sany Heavy Industry  industrials  IPO  $2.8-3.3b  BAML/Citi/Citic  postponed 
  SFK Construction Holdings  construction  IPO  $150m  ICEA  withdrawn 
  Shaanxi Coal  resources  A-share IPO  abt $2.7b     
  Shanghai Automotive  industrials  IPO  $2b  MS   
  Shanghai Heavy Truck  industrials  IPO  $500-700M  JPM   
  Shanghai International Port (Group)  transport  IPO  $700m     
  Shanxi Coking Coal  natural resources  IPO  $1b  BOCI/DB/JPM/MS   
  Shenzhen Energy  power  IPO  $500m  JPM   
  SHKP Reit  property  IPO  $500m  HSBC/MS   
  Sinochem Corp  chemicals  IPO  <$5.5b     
  Sinopec  oil & gas  A-share CB  <$4.75b  CSFS/GSGH  2013 
  Strikeforce Mining & Resources (SMR)  mining  IPO  $150-200m  BOCI/DB/RC  delayed 
  Tharisa  mining  IPO  <$200m  DB/HSBC/MQ  possibly 2Q 
  Vancl Technology  internet  US IPO  abt $1b  CICC/Citi/CS/GS/MS   
  Wah Kwong Maritime Transport  shipping  IPO  $100-150m  AC/CZ  withdrawn 
  Wing Fat Printing  manufacturing  IPO  $100m  BNP/UBS  withdrawn 
  XCMG Construction Machinery  industrials  IPO  $1-1.2b  BNP/CICC/CS/HSBC/MQ/MS  postponed 
  Xiashun Aluminium Foil  manufacturing  IPO  $200-300m  JPM/UBS  withdrawn 
  Xinyi Solar Holdings  manufacturing  IPO  abt $150m  Citi/JPM  postponed 
  Yongda Auto  auto dealer  IPO  $306-435m  HSBC/UBS/BocomI  cancelled 
  Zhong Da Mining  mining  IPO  $225-275m  CCB/HSBC/UBS  postponed 
             
China  Alibaba  internet/tech  US IPO  $15 bn   Citi, CS, DB, GS, JPM, MS  Q3 
India  Samvardhana Motherson Finance  auto parts  IPO  abt $310m  JPM/SC  cancelled 
  Housing Development & Infrastructure  property  FO  <$600m     
  Emaar MGF Land  property  IPO  >$1.5b  Citi/Enam/GS/ HSBC/JPM/KM/ DSPML  withdrawn 
  Jet Airways  transport  ADR/CB  $800m     
  Metals and Mining Trading Corp  metals & mining  OFS      postponed 
Indonesia  Blue Bird Group  transportation  IPO  abt $300m  CS/Danareksa/UBS/CIMB  potentially Nov/Dec 
  Chandra Asri Petrochemical  chemicals  IPO  $500m  UBS   
  Sinar Mas Multiartha  financials  FO  <$300m  DB/UBS  postponed 
  Perum Pegadaian  financials (pawn shops)  IPO      2013 
  Hero Supermarket  retail  rights issue  <$360m  BS/CLSA  June 
Korea   Posco Specialty Steel  commodities  IPO  <$361-426m  GS/KB/KIS/TY  withdrawn 
Korea  Mirae Life Insurance  financials  IPO       
  Incheon Oil  Energy  IPO  $700-750m  ML   
Malaysia  Ranhill Energy and Resources  energy/water  IPO  $236m  CIMB/MB  priced, then cancelled 
  Malakoff Corp  power  IPO  abt $1b  CIMB/CS/JPM/MB/BAML/DB/HSBC/MS/NA/RHB  1H14 
  Tenaga  power  FO  $1b     
Philippines  SMC Global Power Hldgs  energy  IPO  <$625m  CIMB/GS/SC/UBS  postponed 
Singapore  Investec Aircraft Leasing Trust  aircraft leasing  business trust IPO  $350m  BAML/CS/HSBC/OCBC  possibly 2Q13 
  Formula One  media/branding  IPO  $2.5-3b  GS/MS/UBS/CIMB/DBS/Santander  postponed 
  M&L Hospitality Trusts  property  IPO  $339-369m  DBS/JPM/UBS  cancelled 
  Fitness First  retail  IPO  $500-600m  CLSA/CS/JPM   
  MMI  manufacturing  IPO  $300-400m  DB/MQ/UBS  postponed 
  Maritime Capital Shipping  shipping  IPO  $300m  UBS  withdrawn 
  Samko Timber  resources  IPO  $100-150m  CS  withdrawn 
  Aban Singapore  oil & gas  IPO  $500m  ML/UBS   
  DLF Reit  commercial  IPO  $1-1.5b  DB/GS   
  Unitech Reit  property   IPO  $700m  DB/JPM/MS/UBS   
  Noble Group's agricultural business  agriculture  spin-off IPO  abt $800m  Citi/GS/JPM  2013 (?) 
  Global Telecommunications Infrastructure Trust  telecom infrastructure  business trust IPO  $700m-1b  DB/DBS/ICBCI/SC  pulled 
  Dynasty Reit  property   IPO  <$777m  DBS/MQ/SC  cancelled 
Taiwan  Motech Industries  renewable energy  CB  <$130m     
  Nanya Technology  electronics  FO/CB  $550m     
  Uni-President  food & beverage  FO/CB  $400m