Hong Kong SAR

China East Education Holdings pulled off the largest education IPO in history this week, despite the mainland education sector suffering under state constraints. The company operates in a niche free of the heavy-handed regulator, which helped it draw a flood of interest to its HK$4.9bn ($625m) offering. Jonathan Breen reports.

China’s Hansoh Pharmaceutical Group has priced its HK$7.9bn ($1bn) Hong Kong Stock Exchange offering.

Chinese higher education provider Edvantage Group Holdings has begun pre-deal investor education for its Hong Kong IPO, according to a source familiar with the matter.

Warburg Pincus-backed logistics manager ESR Cayman opened books on Wednesday for what will be the biggest float in Hong Kong so far this year.

Rabobank’s Adam Wotton is set to move to HSBC’s leveraged and acquisition finance team as a director.

In this round up, the Ministry of Commerce (MoC) is planning to publish a list of ‘unreliable entities’, clearly echoing the US’s ‘entities list’, the State Council issued a white paper detailing China’s stance on trade tensions, and the People’s Bank of China (PBoC) said its takeover of Baoshang is a ‘one-off’.

Chinese private higher education provider JH Educational Technology has opened the book for its $98m offering on the Hong Kong Stock Exchange.

Jefferies has hired CLSA's Christopher Wood as global head of equity strategy.

ESR Cayman is poised to launch its Hong Kong Stock Exchange IPO next week.

China East Education Holdings has launched bookbuilding for its potential HK$5.3bn ($681m) IPO.

Chinese e-commerce and tech behemoth Alibaba Group Holding is planning its second listing, which will most likely be on the Hong Kong Stock Exchange. Amid uncertainty and volatility from the US-China trade war, the move is being hailed as a long-overdue homecoming. Gina Lee reports.

The Hong Kong financial regulator has fined China Merchants Securities’ local arm for breaching its IPO code of conduct while working on the listing of China Metal Recycling.