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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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Chinese electric vehicle manufacturer Xpeng is selling a chunk of new American Depository Shares (ADS) to fund research and development and further expansion. -
In an extraordinary year for equity capital markets, the rising popularity of renewable energy stocks has been a prevailing theme and this momentum is continuing into year-end.
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Alstom, the French manufacturer of trains, trams and buses, has completed its €2bn rights issue to fund the acquisition of Bombardier's train division.
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Dada Nexus, which operates on-demand retail and delivery platforms in China, raised $450m this week after selling a chunk of new equity.
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Medical device maker LifeTech Scientific Corp tapped the Hong Kong market for HK$930m ($120m) in fresh equity on Thursday.
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Smartphone maker Xiaomi Corp pocketed $3.96bn this week from a record top-up placement and concurrent convertible bond issue. Investors flocked to the transaction for its rarity value, investment grade rating and the offer of a liquid and volatile stock. Jonathan Breen reports.
