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Both tranches price at the investor-friendly end as cloud company raises to fund expansion
Never mind that your desk had a great year, writes Craig. When it comes to getting paid, the future makes a stronger argument than the past
Top 25 shareholders and new investors participate in previously delayed offering, but some shares left over after subscriptions closed
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The resounding victory of Turkish president Recep Tayyip Erdoğan in this weekend’s presidential election has driven Turkish equities even lower, as concerns rise over the overheating economy. But the president could turn bears into bulls if he stabilises the economy, and some investors will jump at the chance to buy cheap Turkish equities. -
Chinese mobile game publisher FingerTango is on the road in Hong Kong with an IPO that could raise up to HK$1.63bn ($208.3m).
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The Singapore Exchange (SGX) has approved listings with dual-class share structures, a few months after a similar move by rival Hong Kong.
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Xiaomi Corp’s decision last week to drop Chinese Depositary Receipts from its jumbo IPO, following hard questions from the regulator, may look like a backwards step for China. But the regulator was right to put market stability above the whims of any issuer — even if it means turning away the IPO of the year.
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The Securities and Exchange Board of India has put the IPO plans of real estate company Lodha Developers on hold while it examines "past violations".
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Chinese internet search giant Baidu is considering the sale of China Depository Receipts (CDRs).
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