UBS
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Chinese online recruitment company Kanzhun has hit the road with an up to $912m Nasdaq listing.
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China Youran Dairy Group and Carsgen Therapeutics Holdings have both rolled out their Hong Kong IPOs.
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Indofood CBP Sukses Makmur made its dollar debut this week with a dual tranche $1.75bn bond. The Indonesian noodle maker overcame investor scepticism about its fundraising strategy by selling long-dated notes that saw a strong reception from the market. Morgan Davis reports.
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Philippine company SMC Global Power Holdings Corp returned to the dollar bond market for the first time this year on Wednesday, meeting strong-enough demand to boost the size of its deal and offer just a small premium.
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An unnamed shareholder has raised HK$2.65bn ($341m) from a sale of shares in Evergrande Property Services Group, sending the stock into a downward spiral on Wednesday.
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Aluminium producer China Hongqiao Group has raised $500m from a bond that appealed to investors for its ‘surprisingly generous’ premium on offer.
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UBS has hired a new co-head of equity capital markets for Asia, with Zili Guo returning to the bank after five years.
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French digital music company Believe has fixed the terms for its €300m IPO on Euronext Paris, after scaling back the deal size amid a challenging market for new stockmarket listings in Europe.
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Banks bombarded the dollar market this week, with a deluge of supply from rare Yankee issuers and US heavyweights across the capital structure.
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Financial services company Far East Horizon has made its second visit to the equity-linked market, selling $250m of five year convertible bonds.
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Hong Kong property company New World Development Co sold a perpetual bond this week, raising $1.2bn to fund a tender offer for a fixed-for-life deal.
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Times China Holdings, Yango Group and Greenland Hong Kong Holdings, all of which are real estate developers, raised $840m between them from the bond market on Thursday, continuing a recent revival in issuance from the sector.