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HK investors gobble up EV maker, dairy blocks
A pair of large block trades this week showed the depth of Hong Kong’s equity capital market, with more than $3bn raised by conglomerate China Evergrande Group and European food products company Danone. Jonathan Breen reports.
13 May 2021 -
Fosun trims Tsingtao stake for $301m
Fosun International has sold off a block of Tsingtao Brewery’s Hong Kong-listed shares for HK$2.34bn ($301m).
30 Apr 2021 -
Orient Overseas block goes for HK$840m
A Chinese state-owned shareholder of Orient Overseas (International) has raised HK$840m ($108.2m) from the sale of a block of shares, according to a source familiar with the matter.
28 Apr 2021 -
Bigger WuXi Biologics block nets $1.5bn
WuXi Biologics Holdings has raised HK$11.5bn ($1.49bn) after increasing a sale of shares in subsidiary WuXi Biologics (Cayman).
27 Apr 2021 -
China Gas launches $1.55bn share sale
China Gas Holdings has kicked off a top-up share placement, eyeing up to HK$12.05bn ($1.55bn), according to terms seen by GlobalCapital Asia.
21 Apr 2021 -
Anta Sports block fetches $1.5bn
The controlling shareholder of Anta Sports Products has offloaded some of its stake through a HK$11.57bn ($1.49bn) block trade, capitalising on recent gains in the sportswear company’s stock.
21 Apr 2021 -
Kakao chairman trims stake after charity pledge
The chairman of South Korea’s Kakao Corp has kicked off his official pledge to donate more than half of his wealth to society by raising about W500bn ($448m) from a stake sale in the messaging app on Thursday.
16 Apr 2021 -
India seeks banks for fertiliser divestments
The Indian government is looking for banks to help offload its stakes in Rashtriya Chemicals & Fertilizers and rival National Fertilizers, sending out two requests for proposals for the divestments.
16 Apr 2021 -
KDIC takes W149bn from Woori Financial block
A South Korean state-backed insurer pared its stake in Woori Financial Group this week, selling a chunk of shares for W149.3bn ($133.2m), according to a source familiar with the matter.
09 Apr 2021 -
Rare jumbo Tencent block leaves investors wanting more
Investors put in a staggering $60bn of orders for an accelerated offering of Tencent Holdings’ stock on Wednesday, a deal that saw Dutch internet company Prosus taking home HK$114.17bn ($14.67bn) from a record-breaking overnight share sale. Jonathan Breen reports.
08 Apr 2021
