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SMG’s drop below offer price sends mixed signals
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Trustpilot, the online review site listing in London, has grown the size of its IPO to meet strong demand for the offering and to give deal-hungry investors a better chance of getting some shares in the listing.
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Linklogis has begun drumming up demand for its Hong Kong listing, after winning approval from the city’s stock exchange.
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Zhihu has kicked off the roadshow for its US listing. The Chinese company is aiming to raise up to $632.5m from the public market, and a further $250m from a handful of high-profile investors through private placements concurrent to the IPO.
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Vaccine optimism and the end of Brexit has meant that the UK has enjoyed its best ever start to a year in the equity capital markets.
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Tuya's shares soared nearly 20% on their debut in the US on Thursday, after the internet-of-things cloud platform provider raised $915.4m by pricing its IPO above the marketed range.
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Bairong, a financial technology firm, has covered its HK$3.94bn ($507m) IPO, following strong demand from institutional investors on the first day of bookbuilding.