Equity-Linked

  • China Maple Leaf makes CB debut

    China Maple Leaf makes CB debut

    China Maple Leaf Educational Systems debuted in the equity-linked market on Tuesday with a $125m convertible bond.

  • Hansoh Pharma, Hongqiao tap Asia CB market

    Hansoh Pharma, Hongqiao tap Asia CB market

    Hong Kong-listed Hansoh Pharmaceutical Group and China Hongqiao Group have added to the burst of convertible bond activity in the first week of 2021, raising a combined $900m from the equity-linked market on Thursday.

  • iQiyi adds to stream of ADS fundraisings

    iQiyi adds to stream of ADS fundraisings

    US-listed Chinese companies have raised more than $12bn from equity investors in the past month, with iQiyi becoming the latest to simultaneously sell a convertible bond and price a follow-on offering of its American depositary shares. With valuations soaring for many of these stocks, bankers expect more issuers to jump into the market in 2021, writes Jonathan Breen.

  • Xiaomi makes a splash with $4bn CB/top-up

    Xiaomi makes a splash with $4bn CB/top-up

    Smartphone maker Xiaomi Corp pocketed $3.96bn this week from a record top-up placement and concurrent convertible bond issue. Investors flocked to the transaction for its rarity value, investment grade rating and the offer of a liquid and volatile stock. Jonathan Breen reports.

Equity-linked archive