Bank of America

Chinese ride-hailing giant Didi has raised $4.4bn from its New York Stock Exchange IPO, increasing the size of the float after investors pumped more than $40bn of orders into the book.

Repsol, the Spanish petrochemicals company, made its first foray into sustainability-linked bonds on Tuesday, though some of the power was taken out of the deal by investors judging the level too tight for a triple-B rated issuer.

Chinese online grocer Dingdong (Cayman) has cut its US listing size to $94.4m, just over one-quarter of its initial target, after rival Missfresh plummeted in its Nasdaq debut last week.

The IPO of Yahsat, the Abu Dhabi satellite company, will be the largest flotation in the United Arab Emirates for almost four years, according to terms published on Sunday.

SCE Intelligent Commercial Management has raised HK$1.85bn ($238.3m) after pricing its IPO at the bottom of the guidance range.

Xpeng has kicked off its Hong Kong secondary listing, the first from a Chinese electric vehicle maker.

Chinese ride-hailing firm Didi Chuxing has launched its New York Stock Exchange IPO, aiming to raise $4.03bn from the largest China-into-US listing since Alibaba Group Holding’s jumbo $25bn deal in 2014.

The dollar corporate bond market continued to show its resilience this week, but concerns are growing over a lack of supply in the run-up to the July 4 holiday weekend.

Orange, the French telecoms company, launched €1.5bn of conventional bonds in two tranches on Wednesday, as the company’s group treasurer said he was waiting for the sustainability-linked bond market to mature before joining the quickly growing debt niche.

Dingdong (Cayman), a Chinese e-commerce company for fresh groceries, and its rival Missfresh are testing investor appetite at the same time for their US IPOs.

GN Store Nord, a Danish hearing aid maker, has signed a €350m revolving credit facility, pulling syndicated and bilateral lines into one deal.

China’s Aihuishou International, an online marketplace for second-hand electronics, traded up over 20% on its debut on the New York Stock Exchange, after sealing its IPO at the mid-point of the marketed range.