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Existing investors and sector specialists back logistics landlord’s push into tech
Streamlining of IPO process just two months after consultation closed as the market prepares for post-summer IPO activity
Sale comes after the expiry last month of a pre-emptive acquisition rights agreement between the main family holding companies
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The Financial Conduct Authority, the City regulator, has said it will not introduce a short selling ban, since there was no proof that short selling was responsible for the recent market falls.
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Chinese property management company Redsun Services Group is planning a Hong Kong listing that could raise up to $100m, according to a source familiar with the matter.
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India’s market regulator has approved Esaf Small Finance Bank to launch its IPO of about Rp9.8bn ($128.3m).
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Radical intervention by central banks around the world to calm markets will help give companies the comfort they need to prepare emergency capital increases to combat the effects of the spread of the coronavirus on their balance sheets, according to equity capital markets bankers.
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Equity market participants have welcomed the Financial Conduct Authority's call to UK companies to hold off on publishing preliminary financial statements.
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The China Securities Regulatory Commission (CSRC) has shed some light on the kinds of companies that are eligible to list on the Star board, solving part of a problem that has long puzzled potential IPO candidates.
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