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A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
Submarine mast maker's IPO raised €132.8m
Vincorion is expected to continue defence IPOs later this week
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Xiaomi Corp had an inauspicious start as a publicly-traded company when its shares sank on Monday. But the rapid rebound in its stock price showed that the critics were too quick to pass judgement. -
Chinese peer-to-peer lending platform 51 Credit Card has raised HK$1bn ($128.6m) after pricing its IPO at the bottom of guidance, according to a banker on the deal.
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The Securities and Exchange Board of India has waved through Lodha Developers’ IPO, barely two weeks after putting the transaction on hold.
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Swiss engineering firm Oerlikon has postponed the Zurich listing of its drive solutions business, GrazianoFairfield, citing volatile markets. But investors looking at the deal said the price was wrong and pointed to the trading performance of a similar deal when explaining the stalled IPO.
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Hong Kong’s Securities and Futures Commission (SFC) has censured CCB International Capital for its role as the sponsor on Fujian Dongya Aquatic Products’ planned IPO.
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Smartphone maker Xiaomi Corp’s debut in Hong Kong fizzled out as its shares tumbled 6% at the open, even as Chinese stocks shrugged off a looming trade war.
