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Equity IPOs

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  • In the latest Clawback, columnist Philippe Espinasse turns his focus to hiring practices in the region's equity capital markets.
  • Meituan Dianping, one of China’s hottest technology unicorns, has launched bookbuilding for its up to HK$34.6bn ($4.4bn) Hong Kong IPO.
  • SIG Combibloc, the Swiss food and beverage packaging company, is to relist on the Swiss stock exchange after more than a decade of being a private company.
  • LAIX, which runs English teaching app Liulishuo, is planning to float on the New York Stock Exchange for up to $100m.
  • Mainland-based men’s fashion company GXG is eyeing a listing in Hong Kong, tapping three banks to sponsor the IPO.
  • The Coca-Cola Company has made a £3.9bn swoop on UK coffee chain Costa, with loans bankers confident that plenty of liquidity exists in the sterling market for the trade. But it's a blow for UK equity capital markets participants, who had expected an IPO.