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Textile producer says offering will come no later than February
Transport technology company and real estate investment trust prepare to float as this year’s IPO activity already exceeds 2025
Both tranches price at the investor-friendly end as cloud company raises to fund expansion
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Equity investors initially responded positively this week to Steinhoff International’s fresh attempts to shore up its operations, helping the dual-listed retail company's share price rebound, before it dropped again on Thursday amid talk of possible legal action and calls for the board to resign. -
Abu Dhabi National Oil Co attracted good international participation to the $850m IPO of Adnoc Distribution, its chain of petrol stations and shops in the United Arab Emirates, which was priced on Friday.
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Hebei Construction Group has raised HK$1.93bn ($247.2m) after pricing its IPO at the bottom of the marketing range, according to a source close to the deal.
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Indian state-owned Canara Bank is seeking up to Rp35bn ($543.9m) through a qualified institutional placement, and is looking to hire firms to run the deal.
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China Education Group Holdings has priced its Hong Kong IPO just above the mid-point of guidance to raise HK$3.2bn ($413.1m), according to a banker on the deal.
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In this round-up, China’s Politburo meets to discuss the policy priorities for 2018, Shenzhen Stock Exchange in talks over ETF Connect, and HSBC expands its A-shares coverage from its onshore securities joint venture.
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