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  • Hong Kong conglomerate Chinney Alliance is one step closer to spinning off its foundation piling business – Chinney Kin Wing Holdings – having filed a listing application to the Hong Kong Stock Exchange (HKEx) on August 18.
  • Diva Hon has joined Bank of Communications International as an executive director in the equity capital markets team, after spending more than nine years with Citic CLSA Securities.
  • The board of directors of SRV Group, the Finnish construction company, has decided on the terms of the firm’s €50m rights offering.
  • Apax is acquiring a majority stake in FullBeauty Brands, the US plus-size fashion retailer, and has obtained the commitment of four banks to the deal’s debt financing.
  • After the uneasy calm that fell over equity markets following China’s devaluation of the renmimbi last week, investors got another rude shock on Tuesday when Shanghai stocks tumbled 6.2%, prompting bankers to mull over the possibility of pulled deals.
  • Video surveillance solutions provider UNV Digital Technologies filed for a Hong Kong IPO on August 17 with listing tentatively scheduled for the next two to three months.
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