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Xinyi Energy charges up $564m Hong Kong IPO

Xinyi Energy Holding, a Chinese solar power producer, has hit the road to begin drumming up interest in its up to HK$4.4bn ($564m) IPO, according to a term sheet seen by GlobalCapital Asia.

  • By Jonathan Breen
  • 14 May 2019
The float comprises 1.88bn new shares, 28.41% of the issuer’s total equity capital, which sole sponsor BNP Paribas is marketing at HK$1.89 to HK$2.35 each.

At price guidance Xinyi could raise anywhere from HK$3.6bn to HK$4.4bn or as much as HK$5.1bn based on the 15% greenshoe of 282.4m primary ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
Excludes PPs. Click for full table
1 Bank of China (BOC) 22.38
2 China Merchants Securities Co 18.86
3 Industrial and Commercial Bank of China (ICBC) 15.71
4 Agricultural Bank of China (ABC) 11.43
5 China Securities 9.52

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 CITIC Securities 8,165.85 33 10.11%
2 Goldman Sachs 6,894.63 24 8.54%
3 Morgan Stanley 4,734.46 31 5.86%
4 China International Capital Corp Ltd 4,224.24 22 5.23%
5 UBS 3,959.24 24 4.90%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 14,235.36 125 8.45%
2 Citi 9,957.75 76 5.91%
3 JPMorgan 9,599.33 61 5.70%
4 Credit Suisse 6,362.70 47 3.77%
5 Bank of America Merrill Lynch 6,190.73 49 3.67%

Asian polls & awards

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