GC
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China Education nets HK$2bn from top-up
China Education Group Holdings has sealed a HK$2.03bn ($261.3m) top-up placement, raising capital for the expansion of its school network. But its stock took a hit in the aftermarket, dropping nearly 10% on Wednesday.
27 Jan 2021 -
Orient Overseas, healthcare duo tap Hong Kong ECM
Orient Overseas (International) has scooped up HK$932.5m ($120.3m) from a top-up placement, increasing the deal on strong anchor investor demand. Two other Hong Kong-listed companies, both from the healthcare sector, also turned to investors on Thursday.
22 Jan 2021 -
BYD nabs $3.6bn from new share placement
Chinese car manufacturer BYD has closed Hong Kong’s largest primary share placement in more than half a decade, raising HK$29.9bn ($3.86bn). The issuer tapped the market as the local benchmark Hang Seng Index hit a record high, getting strong demand from mainland investors. Jonathan Breen reports.
21 Jan 2021 -
Apollo Hospitals nets $160m from hot QIP
Apollo Hospitals Enterprise has raised around Rp11.7bn ($160m) from a qualified institutional placement, drawing a swell of demand that pushed pricing above the floor.
20 Jan 2021 -
Alchip Tech nets $196m from bigger GDS sale
Alchip Technologies, a Taiwanese semiconductor manufacturer, has raised $195.5m after increasing a placement of global depository shares (GDS).
15 Jan 2021 -
Innovent Bio, Man Wah tap ECM for fresh funds
Innovent Biologics and Man Wah Holdings raised a combined HK$7.1bn ($916.3m) in fresh equity on Thursday night.
15 Jan 2021 -
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.
17 Dec 2020 -
Xinyi Solar shines via $503m bumper share sale
Xinyi Solar Holdings has raised HK$3.9bn ($503.1m) after more than doubling the size of an overnight placement of primary shares.
17 Dec 2020 -
Blackstone-backed Embassy Reit builds $500m share sale
Embassy Office Parks Real Estate Investment Trust has has raised Rp36.84bn ($500.9m) from an issue of new stock, according to a source close to the deal.
16 Dec 2020 -
Baidu-backed iQiyi eyes $1.7bn from CB/follow-on combo
Chinese streaming platform iQiyi has kicked off a combined convertible bond and follow-on offering that could raise around $1.7bn.
16 Dec 2020
