The transaction represents the largest equity transaction in Taiwan since 2005, and the largest GDR issuance ever completed in Taiwan's capital markets.
Adam Zhang, managing director of Collabrium Partners, shares his views with FA on how Chinese companies are changing their approach to cross-border M&A, including finding opportunities in Southeast Asia and in technology.
Despite some valuation gaps, fundamentals in key sectors such as technology and energy, in addition to country reforms, are attracting capital as optimism picks up.