Feiyu Technology International is the latest company seeking to tap capital markets in Hong Kong before year-end. The mobile game developer began taking orders on Tuesday, and will close books ahead of its IPO by the end of the month after an accelerated bookbuild.
The issuer will offer 300 million primary shares between HK$1.85 and HK$2.55 per unit under the joint leads of Bank of America Merrill Lynch and Citi. There is a 15% greenshoe option, which will add up to 45 million shares to the deal and boost the total size to $113 million. The base deal is $99 million.
The 300 million shares...
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