Fox Hu
Stories by Fox Hu
Pharma companies set to raise $5b in Hong Kong IPOs this year
The number of healthcare listings will rise to 18 this year, also an all-time high.
Busiest listing day of 2019 puts Hong Kong’s IPO demand to test
Shanghai Kindly Medical Instruments Co raised $106 million in the most popular sale among the six IPOs.
Asia witnessing a flurry of IPOs this week with ESR Cayman leading pack
The deals, originating from China to South Korea and Thailand, mark the busiest week in 2019, despite a year-to-date decline in Asia’s IPO value.
Shanghai’s Viva extends HK biotech party in city’s hottest 2019 IPO
Viva Biotech raised $194 million selling shares at HK$4.41 apiece, the top end of a marketed range.
Hong Kong IPO market delivering best returns in years
While Asian IPOs overall had a weak start to the year, Hong Kong has been holding up.
Xiaomi loses $6b in three-day rout as early investors sell stock
Billions of Xiaomi shares have been unlocked for sale after the six-month lockup period that followed the company’s debut expired.
Vivendi said to eye stake in TV arm of Indonesia’s Global Mediacom
Vivendi’s broadcasting arm Canal+ is in early talks to acquire roughly half of PT MNC Vision Networks, which controls the group’s listed pay-TV ar
Trendsetter HK IPOs produced worst returns for investors this year
Hong Kong’s hottest initial public offerings have produced the worst returns for investors this year, while the least popular deals have fared far b
GIC said to have picked stake in Vietnam’s Masan; KKR exits in $209m deal
GIC played a part in Vietnam’s top three equity offerings ever, all of which were completed in the past year.
China Evergrande’s Hui Ka Yan is about to get $1.7b richer
Hui is China’s third-richest person, with an estimated wealth of $34.9 billion, according to the Bloomberg Billionaires Index.
