Latest follow-on/rights issue news

  • Hollysys quits follow-on plans

    Chinese company Hollysys Automation Technologies withdrew its planned follow-on share offering on Wednesday.

    • 18 Apr 2019
  • Times China increases top-up to bag HK$1.6bn

    Mainland property developer Times China Holdings has raised HK$1.57bn ($200.2m) after boosting the size of an overnight top-up placement.

    • 18 Apr 2019
  • Huami returns with $150m follow-on ADS sale

    Chinese smart wearable technology company Huami is issuing new shares through a follow-on American Depositary Shares (ADS) offering of up to $150m.

    • 15 Apr 2019
  • CVC sells down Map Active stake after global offer

    Private equity firm CVC Partners sold a large part of its stake in Indonesian clothing retailer Map Aktif Adiperkasa (Map Active) on Wednesday, taking part in a $296m secondary sale targeted to international investors.

    • 11 Apr 2019
  • China’s Hollysys announces follow-on sale

    Hollysys Automation Technologies is seeking nearly $180m from the offering of additional Nasdaq-listed shares.

    • 09 Apr 2019
  • Bilibili snags $737m from ADS, convertible combo

    Streaming platform Bilibili pulled off a combined convertible bond and American Depository Share (ADS) placement this week, raking in $737.4m after the fundraising was increased following strong Asian demand. The deal comes just a week after its larger peer iQiyi sold a record ADS convertible. Jonathan Breen reports.

    • 03 Apr 2019
  • Pakistan power company eyes $50m rights issue

    Pakistan’s Hub Power Co (Hubco) has launched a rights issue to fund an increase of its stake in the local subsidiary of a Chinese state-owned power company.

    • 02 Apr 2019
  • Bilibili tees up $614m fundraising from CB, equity combo

    Nasdaq-listed Chinese streaming platform Bilibili has opened books for a concurrent convertible bond and placement of American Depository Shares, eyeing combined proceeds of up to $614m.

    • 02 Apr 2019
  • Property developer DLF prices Rp32bn QIP

    Indian real estate major DLF bagged Rp31.7bn ($458.7m) this week after wrapping up its qualified institutional placement (QIP), with investors winning a near 5% discount to the floor price.

    • 29 Mar 2019
  • Xtep pulls in HK$1.4bn from swollen top-up

    Sportswear firm Xtep International Holdings has raised HK$1.37bn ($175m) after increasing the size of a top-up placement on the back of strong new and existing shareholder demand.

    • 29 Mar 2019

Follow-on/rights issue news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 26.40
2 Industrial and Commercial Bank of China (ICBC) 20.00
3 China Securities 13.33
4 Agricultural Bank of China (ABC) 12.00
5 Bank of China (BOC) 11.33

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 6,126.98 28 9.16%
2 Goldman Sachs 5,830.12 20 8.72%
3 Morgan Stanley 4,329.51 27 6.48%
4 China International Capital Corp Ltd 3,921.06 17 5.86%
5 UBS 3,727.37 21 5.58%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 12,570.23 112 8.45%
2 JPMorgan 9,000.86 54 6.05%
3 Citi 8,900.47 66 5.98%
4 Credit Suisse 5,860.46 43 3.94%
5 Standard Chartered Bank 5,747.27 53 3.86%

Asian polls & awards

  • GlobalCapital Asia capital markets awards 2018: Investment banks

    In the fourth and final instalment of GlobalCapital Asia’s capital markets awards announcements, find out the Best Asian Investment Bank and the Best Investment Bank in the region for 2018.

  • GlobalCapital Asia capital markets awards 2018: Bonds

    In part three of our results announcements, we reveal the winning bond deals across a variety of categories. In addition, we also name the Best G3 Bond House, Best Local Currency Bond House, Best High Yield Bond House and the debut winner of the Best House for SRI Financing.

  • GlobalCapital Asia capital markets awards 2018: Equities

    In part two of our results announcements, we reveal the winning equity deals and banks, including the Best Follow-on/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.

  • GlobalCapital Asia capital markets awards 2018: Loans

    GlobalCapital Asia has spent the last two months talking to banks and their clients in a bid to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2018. We are pleased to begin our awards announcements in the loan market.

  • GlobalRMB awards: Most impressive issuers, best law firm

    In this third part of the GlobalRMB awards, we present our reasons for choosing the best issuers in the FIG, corporate and SSA categories — and praise the strong performance of one well-known foreign law firm.