Lifestyle International completes IPO

Retailer''s flotation provides respite from difficult IPO market in Hong Kong.

Specialists are expressing cautious satisfaction with the IPO of Lifestyle International, which was able to price at the mid-point of its HK$7.30 to HK$9.30 range despite recent volatility and a truncated eight-day book build period over Easter.

Lead manager BNP Peregrine Paribas managed to avoid the worst of recent market sentiment raising HK$1.497 billion $192 million via a 180 million new share deal priced on Thursday April 15 at HK$8.30 per...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...