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• Kuwait's Equate shaves pricing with $2.9bn amend and extend

  Equate Group, the Kuwaiti petrochemical producer, has amended and extended its $1.9bn term loan and $1bn revolving credit facility, achieving a reduction in pricing and strong demand from international lenders.

  • 14 Dec 2018

• Xinyi Energy pulls $576m Hong Kong IPO

  Xinyi Energy Group (XYE) has cancelled its potential HK$4.5bn ($575.8m) IPO in response to choppy markets. It was planning to debut on the Hong Kong Stock Exchange on December 21.

  • 14 Dec 2018

• HSBC markets head De Roux left after ‘inappropriate conduct’ accusation

  HSBC’s head of global markets Thibaut de Roux left the bank in September, following an accusation of inappropriate conduct from a junior female employee, according to reports from Bloomberg.

  • 13 Dec 2018

• Tencent Music strikes the right chord with US IPO

  Tencent Music Entertainment Group (TME) gave investors a year-end treat this week with 2018’s last billion-dollar IPO from an Asian issuer. It was paid back with a near 8% jump in its stock price on the first day of trading. But to succeed the firm had to cut its fundraising target and get realistic on pricing. Jonathan Breen reports.

  • 13 Dec 2018

• AsiaInfo Tech prices $115m listing at bottom of guidance

  Chinese telecommunication software provider AsiaInfo Technologies raised HK$900m ($115m) this week after pricing its flotation at the bottom of the indicative range.

  • 13 Dec 2018