JP Morgan

A pair of borrowers have hit screens for euro benchmarks to be sold during Tuesday’s session, but another nipped in ahead of the rush to price on Monday.

Speciality chemicals maker Synthomer and hotel group Radisson Hospitality began roadshows for debut high yield bond offerings in the European market this week, undaunted by recent investor pushback. Meanwhile, Smurfit Kappa, the packaging group, added LBO funding to the high yield pipeline.

Shares in Quilter, the UK asset management arm of Old Mutual, performed well in the aftermarket on Monday after its £239m London IPO.

Wise Talent Information Technology Co, owner of recruitment website Liepin.com, has bagged HK$2.9bn ($369.6m) after pricing its Hong Kong IPO near the top of guidance.

Unipol Group, the Italian financial services company, conducted a rare reverse accelerated bookbuild on Thursday night, to buy a 3.25% stake in BPER Banca for €73.8m, only six weeks after saying it would not increase its stake.

Online travel service provider Tongcheng-Elong Holdings is seeking up to $900m from a listing in Hong Kong, according to a source close to the transaction.

Heungkuk Fire and Marine Insurance Co, which kicked off bookbuilding for a dollar bond on Thursday, was still speaking to investors on Friday morning, according to a source close to the situation.

Xiaomi has covered its whopping HK$48bn ($6.1bn) listing thanks to a strong flow of early orders, according to a book message sent out on Friday morning, a day after bookbuilding kicked off.

Clients of bank index platforms are adapting to a new investment climate, increasingly opting for more defensive strategies and specifically positioning for volatility spikes similar to the ones markets experienced in early February.

Goldman hires new co-head of China IB — JPM names head of equities — Deutsche loses senior ECM and DCM bankers

Chinese technology giant Xiaomi Corp kicked off bookbuilding for its up to HK$48bn ($6.1bn) Hong Kong IPO on Thursday, set to be the largest globally in nearly two years, after a series of twists and turns that put it firmly on the market’s radar. Jonathan Breen reports.

JP Morgan has hired a pair of traders for CEEMEA equities trading from Citi — Mark Coetzee and Gil Peleg. The hires are the latest in a list of changes taking place in that division, as the bank seeks to grow the business..