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Equity IPOs

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  • Hong Kong’s stock exchange has rejected Chengdu Xingrong Environment Co’s application to list in the city, according to an announcement from the Shenzhen-listed company.
  • ING Life Korea is planning to raise $1bn from an IPO in 2017, according to a source familiar with the matter.
  • The Securities and Exchange Board of India has moved to clamp down on violations from high-speed trading, after the National Stock Exchange said some brokers had unfair access to its servers.
  • Chinese private school operator Wisdom Education International Holdings has sealed its HK$850m ($109.6m) IPO, finding enough demand to make it through a tight window while defying President Trump-inspired jitters, according to a banker working on the deal.
  • BSE, the owner of the Bombay Stock Exchange, is off to a cork-popping start to its Rp12.4bn ($182m) IPO, having snagged both marquee anchor investors and strong early orders.
  • Malaysia’s first IPO of size this year priced comfortably at the top of indications, raising MR584.1m ($130.5m) for Serba Dinamik Holdings.