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French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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The UK government has said it is committed to turning the country into a renewable energy powerhouse in a comprehensive overhaul of its energy infrastructure in what prime minister Boris Johnson calls a “green industrial revolution”. As the government pushes for change, the capital markets are ready to fund this endeavour. -
US-listed Chinese companies have raised more than $12bn from equity investors in the past month, with iQiyi becoming the latest to simultaneously sell a convertible bond and price a follow-on offering of its American depositary shares. With valuations soaring for many of these stocks, bankers expect more issuers to jump into the market in 2021, writes Jonathan Breen.
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Xinyi Solar Holdings has raised HK$3.9bn ($503.1m) after more than doubling the size of an overnight placement of primary shares.
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Round Hill Music Royalty Fund has raised $46.1m just one month after its $282m London IPO to help buy an extensive music catalogue featuring musicians such as Elvis Presley, the Rolling Stones and the Beatles.
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Embassy Office Parks Real Estate Investment Trust has has raised Rp36.84bn ($500.9m) from an issue of new stock, according to a source close to the deal.
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Chinese streaming platform iQiyi has kicked off a combined convertible bond and follow-on offering that could raise around $1.7bn.
