Latest IPO news

  • Hebei Construction prices $247m HK listing at low end

    Hebei Construction Group has raised HK$1.93bn ($247.2m) after pricing its IPO at the bottom of the marketing range, according to a source close to the deal.

    • 11 Dec 2017
  • China Education bags $413m from Hong Kong IPO

    China Education Group Holdings has priced its Hong Kong IPO just above the mid-point of guidance to raise HK$3.2bn ($413.1m), according to a banker on the deal.

    • 11 Dec 2017
  • Vietnam passes new law to boost SOE sell-downs

    Vietnam is giving a fillip to transparency around IPOs of state-owned companies, passing a new law that will allow firms that are being privatised to conduct a public bookbuilding. While a step in the right direction, the effect of the law is still being debated, with many problems yet to be overcome, writes Jonathan Breen.

    • 07 Dec 2017
  • Deutsche Bank tweaks top ranks in Asia ECM

    Deutsche Bank shook up the senior ranks of its equity capital markets desk in Asia this week, removing the co-head structure and merging ECM with equity derivatives. The move comes amid a global reorganisation being rolled out from the bank’s headquarters that combines the equity and debt financing units with markets. John Loh reports.

    • 07 Dec 2017
  • Logistics firm Future Supply Chain launches Rp6.5bn IPO

    Future Supply Chain Solutions opened books for its IPO on Wednesday, eyeing a potential size of Rp6.49bn ($100.7m).

    • 06 Dec 2017
  • Nissin Foods nets $122m through Hong Kong IPO

    Nissin Foods Co has raised HK$950.8m ($121.6m) from its IPO after pricing the shares just off the bottom of guidance, according to a source close to the deal.

    • 05 Dec 2017
  • Hong Kong IPOs: the new era is here

    Hong Kong’s equity market is finally shaking off its fusty image as a home for unloved Chinese IPOs, with overstuffed bank syndicates and cornerstone tranches, and friends and family deals increasingly becoming a thing of the past. There will be naysayers, but all the signs show that the change is here to stay.

    • 05 Dec 2017
  • Yangon waves through fifth IPO on bourse

    Myanmar’s TMH Telecom Public Co is preparing to launch an IPO on the Yangon Stock Exchange, which will make it the fifth listing on the budding bourse.

    • 05 Dec 2017
  • Shalby kicks off Rp5bn IPO, CMS Info Systems gets nod to list

    Indian hospital operator Shalby launched bookbuilding for its up to Rp5.05bn ($78.4m) IPO on Tuesday after putting a portion of stock in the hands of anchor investors.

    • 05 Dec 2017
  • Hebei Construction launches $297m Hong Kong IPO

    China’s Hebei Construction Group has kicked off a one week roadshow to solicit investor interest for its HK$2.32bn ($297.2m) IPO, as a group of other Chinese firms also target Hong Kong listings.

    • 04 Dec 2017

IPO news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.62
2 CITIC Securities 21.06
3 China CITIC Bank Corp 9.72
4 China Merchants Bank Co 9.18
5 Industrial and Commercial Bank of China (ICBC) 7.56

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 16,270.37 85 6.33%
2 UBS 14,128.60 88 5.50%
3 Goldman Sachs 11,744.39 58 4.57%
4 China International Capital Corp Ltd 11,422.00 55 4.45%
5 Morgan Stanley 10,900.56 58 4.24%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 35,178.30 245 8.08%
2 Citi 34,267.00 196 7.88%
3 JPMorgan 26,001.66 142 5.98%
4 Bank of America Merrill Lynch 21,396.54 110 4.92%
5 Standard Chartered Bank 19,923.39 139 4.58%

Asian polls & awards