Equity

Roadshows in Apac are under way for the IPO of the innovative data centre firm, which would boost Australia's sluggish ECM market.

The sale price was 7% below the price of the last trading day which reflected “market conditions”, and as a result CATL’s shares declined 6.88% on April 28.

The ECM market performed the strongest in Q1, with Hong Kong leading the way, while Apac (ex Japan) M&A fees fell 47%.

Singapore’s equity market is stirring, but success now hinges on moving beyond the structural reset to solve the harder, "stubborn" gaps in research depth, corporate behaviour, and retail participation; MAS has warned "there's much work ahead".

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.

Despite growing investor confidence, a challenging fundraising environment in the region persists. The role of AI in deals is gaining in importance.

CBRE Investment Management has closed its seventh Asia Pacific value-add real estate fund and significantly exceeded its initial target.

The logistics and real estate business, which has operations in Singapore and Japan, raised S$1.2bn on the main exchange but listed in a difficult week for equities amid war in the Middle East.

Ken Tung has been appointed head of industry group, healthcare, Apac, in addition to his role of head of financial sponsors coverage, Apac.