CITIC Securities

Surya Pertiwi, the sister company of listed Surya Toto Indonesia, has started pre-marketing for its own $150m IPO in the country.

ICICI Securities has raised only Rp35.2bn ($543m) from its IPO, short of the original Rp40bn target, after tough pricing led to a poor turnout from local investors.

China-based Sunlands Online Education Group has bagged $149.5m from its US IPO after pricing the deal at the bottom of guidance.

Lemon Tree Hotels has kicked off bookbuilding for a potential Rp10.4bn ($159.9m) IPO, after placing nearly a third of the shares with anchor investors.

China Zheshang Bank has raised HK$3.6bn ($464.2m) from a placement of new H-shares, its first issue since listing in Hong Kong two years ago.

India’s ICICI Securities covered nearly a third of its Rp40.2bn ($617.1m) IPO on the first day of bookbuilding, after the deal was launched with strong support from anchor investors.

Bandhan Bank is set to price its Rp44.7bn ($685.7m) IPO in India at the top of the indicative range following a blowout response, making it the country’s largest float on record by a bank.

HDFC Asset Management Co is set to kick off investor education for its India IPO, according to a banker working on the deal.

Indonesian coal company Toba Bara Sejahtra failed to make its debut in the dollar bond market this week, after a weak market backdrop and concerns about high yield credits dented investor appetite. But other firms looking for funding are not giving up just yet, writes Morgan Davis.

Hong Kong rolled out the first of its education sector IPOs this year on Monday, as China Xinhua Education Group kicked off bookbuilding to raise HK$1.5bn ($188m).

China-based GreenTree Hospitality Group has kicked off bookbuilding for an up to $349.2m IPO on the New York Stock Exchange, according to a filing with the US market regulator.

Payments service provider Huifu Payment is looking for the green light to list in Hong Kong, having filed a draft prospectus with the city’s bourse on Tuesday.