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Payment processor's shares dropped to new low on Thursday
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A fresh wave of primary equity capital raising is coursing through Europe, with several large issues priced already this week, including a $1.05bn sale by The Hut Group, the UK e-commerce company that went public last year.
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US Solar Fund, a London-listed investment trust that focuses on US solar assets, has completed a popular raise on the London stock exchange with demand for the deal exceeding its size.
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Property developer and manager Kaisa Group Holdings has raised HK$2.59bn ($332.97m) from shareholders of its Hong Kong listed stock, to be partly used to fund an acquisition.
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China Nonferrous Mining Corp has raised HK$990m ($127.5m) from the sale of a chunk of shares, offloaded following a surge in its stock price.
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Tiangong International’s share price slid after the Chinese steel production company priced a HK$844m ($108.6m) share placement near the bottom of the marketed range.
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Tiangong International, a China-based steel producer, is selling up to HK$890m in new shares through a top-up placement, according to a term sheet seen by GlobalCapital Asia.