Huaneng Renewables calls off $1.3 billion IPO

The wind turbine maker offers 105 million A-shares at up to 44 times 2009 earnings, making it one of the most expensive Shanghai IPOs in recent years.

Ho will join in September from Oliver Wyman Current head of group strategy Kevin Rumjahn will become managing director, head of CEO Office and strategic relations at the stock exchange.

Despite changes to regulations, Hong Kong IPOs are still set to remain robust this year with six firms already listing this week, according to Frank Bi, Asia head of corporate transactions at law firm Ashurst.

Dr. Wenbin Wang, chairman of ICBC International, discusses three fundamental structural drivers helping drive the stock market's recent revival, including attracting innovative Chinese firms and the rise of dual listings.

British Climate Partners will work with investors to deploy capital through equity platforms and mezzanine finance to scale clean energy projects in developing Asia; the annual investment required to diversify away from coal is huge.

Having initially postponed the deal, Datang decides to go head-to-head with Huaneng Renewables for investor interest in the China clean-energy sector. Meanwhile, beverage packaging firm Greatview raises $185 million ahead of its Hong Kong listing.