Hong Kong SAR

Embattled company Noble Group has secured support from shareholder Goldilocks Investment Co for its new restructuring plan. The commodities trader has promised to increase shareholders’ stakes in New Noble to 20%, and has also kicked off a strategic partnership in the Middle East.

WuXi Biologics’ controlling shareholder has raised HK$3.96bn ($504.6m) after selling a block of shares in the company.

Chinese firm Natural Food International Holding is planning a flotation on the Hong Kong Stock Exchange, filing a draft IPO prospectus on Tuesday.

JP Morgan has tapped Charles Chiang as head of Asia Pacific equities, succeeding Mark Leung who was recently appointed as the China chief executive.

China’s Yestar Aesthetic Medical Group has submitted a draft prospectus to the Hong Kong market regulator for the green light to float in the city.

Macau’s casino operator MGM China and subsidiary MGM Grand Paradise have amended and extended credit facilities signed in 2012 for the second time.

Smartphone and devices manufacturer Xiaomi Corp has put the China Depository Receipt (CDR) portion of its $10bn IPO on hold, opting to list in Hong Kong first.

Xiaomi Corp has said that about half of its expected $10bn dual listing in Hong Kong and China will come from the offering of China Depositary Receipts to Mainland investors.

Wise Talent Information Technology, owner of recruitment website Liepin.com, has opened books for its up to HK$3.1bn ($398.1m) Hong Kong IPO.

It gives me a warm fuzzy feeling when I see young minds eager to get into investment banking (they obviously have no idea what they are letting themselves in for, but still). Even so, what often takes me by surprise is how multi-talented some of them are.

China-based VCredit Holdings raised HK$1.37bn ($175m) this week after pricing its IPO at the bottom of guidance.

BNP Paribas Singapore CEO heads to US — Credit Suisse makes senior SEA appointments — ICICI ECM head to exit — Deutsche equity-linked veteran leaves for Goldman — ANZ loses syndications banker — BNY Mellon WM names Greater China head