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UzNIF offers cross-section of Uzbek economy in biggest London IPO for five years
Bpifrance pounces to sell Technip block after shares leap
Europe’s self-proclaimed investment banking champions are playing to their strengths, but remain far behind US peers
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  • Safran, the French aerospace and defence company, has joined the long list of companies that have tapped the equity-linked market for funding during the Covid-19 global pandemic, by placing a new €800m convertible bond on Tuesday.
  • Zhongsheng Group Holdings is issuing a HK$3.88bn ($500m) zero-coupon convertible bond to fund the repurchase of an outstanding CB.
  • Diversified Gas and Oil, the London-listed US oil and gas firm, has raised £69.4m of equity to help fund a package of potential acquisitions, taking advantage of continued low global oil and gas prices.
  • China’s ambitious technology board boasts friendly regulations and a horde of eager investors. But it is still a work in progress. By Rebecca Feng
  • The Covid-19 pandemic has changed the way Asia’s equity capital markets operate, with virtual roadshows and deals finding enough success to outlast the coronavirus, writes Jonathan Breen.
  • The Hong Kong IPO market has seen a big shift as Chinese technology companies that once shunned the bourse return for secondary listings. There is plenty working in the exchange’s favour, despite competition. Jonathan Breen reports.
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