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  • Saudi Aramco has raised cash from an investor consortium by leasing a section of its pipelines, following a similar deal from Abu Dhabi National Oil Company (Adnoc) last year. Other Middle East oil companies may follow suit amid concerns over the future of the oil prices.
  • Trustly, a Swedish payments company that allows people to transfer money directly from their bank accounts to make payments, has launched an IPO on Nasdaq Stockholm.
  • Cambridge-based cybersecurity company Darktrace has kicked off its long-awaited IPO on the London Stock Exchange, having announced its intention to publish a registration document on Monday morning.
  • Alibaba Group Holding’s shares in Hong Kong closed 6.51% higher on Monday, despite news over the weekend that the technology giant will be hit with a record fine of Rmb18.22bn ($2.8bn) by China’s regulators.
  • Keymed Biosciences has started laying the groundwork for a planned Hong Kong IPO by filing its initial listing documents with the city’s exchange.
  • Credit Suisse has appointed Sunil Dhupelia as its new co-head of equity capital markets for Asia Pacific, a position he will hold alongside Johnson Chui.
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