China Renaissance, Shandong Gold IPOs vie for attention

Shandong Gold’s acquisition of a 50% stake in Barrick marks one of the largest gold purchases by a Chinese buyer – an interesting change from copper and coal deals.

Citi has hired Cristina Mascanzoni for a new role in its capital markets and advisory team as director and technology coverage lead for Australia and New Zealand.

Australia's primary equity market is slowing down. ECM volume has slumped 42% and IPO numbers have dropped to their lowest levels since 2014.

Following the termination of another deal, the merger creates a dominant Western Australian producer, underscoring how high gold prices are accelerating consolidation across Australia's mining sector.

Zijin Mining's $1 billion acquisition of Canada's Continental Gold may be the beginning of a new acquisition wave for Chinese SOEs.

Similar to other state-owned banks, the post-to-banking lender’s Hong Kong listing is yet another deal dominated by investment from state institutions.