The transaction represents the largest equity transaction in Taiwan since 2005, and the largest GDR issuance ever completed in Taiwan's capital markets.
The optical module producer has made a secondary listing on the main board of the Hong Kong Stock Exchange, raising approximately $7bn; the city has already raised more so far this year on the HKEX than across 2025.
The UK bank said the sale was part of its "simplification" strategy and follows the sale of its life insurance business in Singapore to Allianz and Indonesian retail book to OCBC; Blackstone described the deal as "the largest home loan portfolio transaction globally".
The broker's frozen client accounts are held by an entity suspected to be involved in a fraudulent scheme to create a false or artificial appearance of demand for shares in an IPO, the SFC said.
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.