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International coordinators defend Aramco relevance
Global banks working on Saudi Aramco's IPO have dismissed claims that they have been effectively sidelined and insist they are engaging international investors, despite the issuer's decision not to roadshow outside of the Gulf.
01.45 PM -
Alibaba’s HK$88bn IPO a shot in the arm for HKEX
Alibaba Group Holding pulled off the year’s largest IPO this week, raising HK$88bn ($11.2bn) from its Hong Kong secondary listing. The company has given the stock exchange a much needed boost in morale, while signalling to other foreign-listed Chinese companies that they can come home. Jonathan Breen reports.
12.00 PM -
Home Credit cancels HK listing plans
Czech consumer finance company Home Credit has shelved its potential Hong Kong IPO citing poor market conditions. The deal had been slated to raise up to $1bn.
11.30 AM -
Tencent-backed Yeahka plans $300m Hong Kong listing
Yeahka, a payments technology platform, is planning to float on Hong Kong’s stock exchange. The Chinese firm hopes to raise around $300m from the deal, said a source familiar with the matter.
07.15 AM -
Aramco saga could end with a $25bn whimper
Saudi Aramco’s decision to make its IPO a local affair, with no international marketing, is a lacklustre end to what is nonetheless a huge capital markets event. Unrealistic objectives and hype have taken the shine off a monumental deal.
19 Nov 2019 -
The Pebble Group braves difficult UK backdrop with AIM IPO
The Pebble Group, the UK promotional products company, has launched what is likely to be one of the last IPOs on the London Stock Exchange this year, despite the looming UK general election in just over three weeks.
19 Nov 2019 -
ECM awaits France’s next privatisation after FDJ
The IPO of Française des Jeux, the French gaming company that runs the national lottery, is set to close this week and equity capital markets are already eyeing up the next big sale from the French state.
18 Nov 2019 -
Aramco chooses local deal over international book
The IPO of Saudi Aramco will be a local affair after international investors made clear that they wanted a greater concession for the oil giant than the Saudi Arabia was willing to give.
18 Nov 2019 -
Alphamab pre-markets Hong Kong IPO, eyes $1bn valuation
Alphamab Oncology, a Chinese biopharmaceutical company, kicked off pre-deal investor education for a potential $250m IPO on Monday after gaining approval to list from the Hong Kong Stock Exchange.
18 Nov 2019 -
Chinese HR service provider CDP eyes $125m US listing
CDP Holdings, a human capital management firm, is planning to list American Depository Shares on the New York Stock Exchange to raise up to $125m.
18 Nov 2019
