.png){kind=logo}
GC Asia
-
Message in a muddle: covered IPOs struggle to reach pricing
Several live IPOs in the market are struggling to gather enough momentum to reach pricing despite banks having notified the market that they have enough demand to cover the transaction.
21 Jun 2021 -
575x375_June21.jpg)
Abu Dhabi’s Yahsat launches IPO
Yahsat, the satellite company owned by Mubadala, will attempt a listing on the Abu Dhabi Securities Market (ADX). The company is seeking to list at a time when the European IPO market is difficult, but there is hope that strong local interest and emerging market equity investors will see the deal across the line.
21 Jun 2021 -
Aihuishou surges in New York debut
China’s Aihuishou International, an online marketplace for second-hand electronics, traded up over 20% on its debut on the New York Stock Exchange, after sealing its IPO at the mid-point of the marketed range.
21 Jun 2021 -
Kims wraps up Rp21bn Indian IPO
General Atlantic-owned Indian healthcare group Krishna Institute of Medical Sciences (Kims) has raised around Rp21.4bn ($288m) from a nearly four times subscribed IPO.
21 Jun 2021 -
China’s first public Reits rise on debut
The first batch of nine public infrastructure real estate investment trust (Reits) in China made their trading debuts on Monday to a strong showing from investors.
21 Jun 2021 -
SCE property manager opens Hong Kong IPO
SCE Intelligent Commercial Management has hit the road with its Hong Kong IPO. It is looking to raise up to HK$2.3bn ($296.2m).
21 Jun 2021 -
Acciona Energia sets toppy price range on IPO but hopes quality shines through
Banks have set a price range on the listing of Acciona Energia, the Spanish renewable energy company, valuing it at between €8.8bn and €9.8bn. The banks already have some indications of interest within the valuation range and the transaction is coming at a big discount to its main listed peer, but some ECM investors say they are likely to sit the deal out because they believe it to be too expensive at a time the IPO market is challenged.
18 Jun 2021 -
Nayuki serves up $656m Hong Kong IPO
Chinese teahouse chain Nayuki Holdings opened the doors for its up to HK$5.1bn ($656.1m) listing on Friday.
18 Jun 2021 -
HutchMed launches $602m secondary listing in Hong Kong
Biopharmaceutical company HutchMed (China) kicked off the roadshow for its HK$4.68bn ($602.7m) Hong Kong IPO on Friday, placing more than half of the shares in its third listing with cornerstone investors.
18 Jun 2021 -
Wise launches historic direct listing in London
Wise, the UK financial technology company, is looking to make stock market history by becoming the first such firm to list on the London Stock Exchange through a direct listing. If the deal is a success, it will show other issuers a way to go public that avoids having to build an order book for an IPO in a difficult market.
17 Jun 2021
