Tag: morgan stanley

Foreign investors contribute only 2.2% of the QIB order volume as valuations are deemed too aggressive, but the government gets $2.18 billion to plug holes in its budget. The former RBS banker switches roles to join the expanding Morgan Stanley FXEM team. China-based Hanting Inns and Hotels is aiming to raise up to $110 million ahead of a Nasdaq listing, while facade specialist Far East Global is seeking up to $79 million from a ... The government's sell-down in the country's largest iron ore miner will boost the free-float to 10%, but valuation multiples suggest it could be a tough sell. Following on from Kexim’s successful issue last week, Shinhan Bank comes to market with a tightly priced 5.5-year security. An existing shareholder sells $422 million worth of shares in Tata Motors, while Exide Industries completes a $119 million QIP. Meanwhile, in Hong Kong, Zhongsheng prepares to ... The company, which owns the franchise for the Century 21 brand in China, raises $87.4 million after pricing its US IPO at the bottom of the reduced price range. The size of the offering is cut by more than half as the global equity environment deteriorates, but the remaining deal is well-covered. George Taylor and Crawford Jamieson will jointly fill the role as head of global capital markets in the region as Vinay Jayaram relocates to Europe. The Singapore-based budget airline drums up strong support for its upcoming listing, despite a short operating history and an aggressive expansion plan. Morgan Stanley's fixed-income business realigns to a country focus and prepares for a renewed interest in structured products. The PET producer is looking to raise up to $347 million from the IPO, while shareholders of a soon-to-be-delisted subsidiary are being offered the opportunity to swap their ... To expect high inflation based on the strong growth of monetary aggregates would be a mistake, the US investment bank says. The Singapore-based low-cost airline is seeking to raise up to $195 million which will be partly used to pay for the acquisition of 50 new aircraft. The company's second sale of treasury shares in four months is almost entirely bought by insurance company LIC. The Chinese property company upsizes in full, but prices at the bottom as investors are clearly becoming more price sensitive. In a separate deal, an existing shareholder sells ... The 3% block is covered in 30 minutes, but prices below the mid-point for a 7.6% discount. The operator of cancer treatment centres avoids the fate of two other Chinese listing candidates which were forced to re-price or pull their US IPOs, but the stock still slumps ... The Chinese wind power company prices its Hong Kong IPO at the top to raise $2.3 billion. Concord Medical Services aims to raise up to $138 million from an IPO and is expected to start trading on the NYSE late next week.