Vanke to pick Citic Securities for H-share conversion

The Chinese online fashion giant, which is targeting a $27bn valuation, has a presence in 160 countries.

The Shenzhen-headquartered lithium-ion battery maker has named seven banks involved in the listing process.

Cornerstone investors in the tech firm's listing include Hillhouse Investment Management, Taikang Life Insurance and Grab; net proceeds were $514m and the firm's valuation climbed above $4.6bn on its September 16 debut.

Jonathan Chau becomes MD, capital markets, Asia (ex-Japan), and Reeves Yan is named head of Hong Kong capital markets.

An agreement will allow firms with a primary listing on Bursa Malaysia’s main market to apply for a secondary listing on HKEX as a Recognised Stock Exchange; it follows agreements with Indonesia, Singapore and Thailand; MSCI has launched an ECM partnership with the SGX.

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.