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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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  • China’s plans to bring its technology firms home through China Depositary Receipts (CDR) have stoked fears that Hong Kong will lose out on some coveted IPOs. But the move is really a win for Hong Kong, as it cements the city's status as the main gateway for Chinese issuers looking to raise funds internationally.
  • South Korea’s Samsung SDI Co is looking to clean up its stake in Samsung C&T Corp, launching an up to W565.9bn ($530.4m) block deal on Tuesday evening.
  • Bank of Jiujiang Co is looking for approval to float in Hong Kong, making it the second Chinese regional commercial bank to file a draft prospectus in the city this year.
  • Online game streaming platform Huya is set to launch an up to $200m listing of American Depository Shares (ADS), filing a prospectus with the US stock market regulator on Monday.
  • Loans bankers are struggling to digest the implications of the new round of US sanctions on Russian oligarchs and companies, announced by the Treasury on Friday.
  • Equity investor sentiment on Russia has been upended in the space of a weekend after the shock release from the US Treasury on Friday imposing a fresh set of sanctions on Russia which has torpedoed the fortunes of aluminium producer EN+ and its owner Oleg Deripaska.
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