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A leading shareholder in WuXi Biologics (Cayman) has pocketed HK$10.3bn ($1.3bn) after offloading a chunk of the company’s shares.
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Equity markets were reeling this week as investors became more defensive in the face of rising Covid-19 cases across the world. Sources say that despite some countries, such as the UK, lifting Covid-19 restrictions, equity capital markets investors are bedding in for the pandemic to drag on.
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Round Hill Music Royalty Fund, the London-listed investment trust focused on music catalogues, has wrapped up an $86.5m share sale, as the asset class continues to draw in investors.
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Hipgnosis Songs Fund, the £1.6bn music royalties investment company, has wrapped up its seventh equity raise since its London Stock Exchange IPO in July 2018.
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Octopus Renewables Investment Trust, the London-listed fund focused on renewable energy assets, has completed its latest share sale, raising £150m.
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Greece's Alpha Bank attracted healthy demand for its €800m share sale, in the latest sign of the country’s economic rehabilitation following the eurozone crisis.