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Naturgy and Zurich fall in secondary market after jumbo blocks
Olivier Caseris takes over from Joëlle Assouad
Ygar el Harrar moves from growth capital and solutions team
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Chinese retailer Suning.com’s A-shares sold off heavily on Tuesday amid concerns about its financial health. -
Property manager Yuexiu Services Group has hit the road with an up to HK$2.41bn ($310.5m) IPO.
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Nayuki Holdings, a Chinese teahouse chain, is set to launch its Hong Kong IPO on Friday, according to a source close to the deal.
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Shanghai Junshi Biosciences has raised HK$2.56bn ($330.5m) in equity capital from a placement of shares that drew a solid response from investors both during wall-crossing and bookbuilding.
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Europe’s equity capital markets bankers are expressing concern that deals they’re working on now will be damaged if the re-opening of the continent’s economies is reversed in the autumn. But new research on Covid-19 and last year’s pattern of infections shows they’re right to be nervous.
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Criteria Caixa, the holding company which manages the assets of Spain’s La Caixa Banking Foundation, has issued a €200m bond exchangeable into shares in Cellnex, the telecoms towers company.
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