Follow-ons/Rights Issues

  • Orient Overseas, healthcare duo tap Hong Kong ECM

    Orient Overseas, healthcare duo tap Hong Kong ECM

    Orient Overseas (International) has scooped up HK$932.5m ($120.3m) from a top-up placement, increasing the deal on strong anchor investor demand. Two other Hong Kong-listed companies, both from the healthcare sector, also turned to investors on Thursday.

  • BYD nabs $3.6bn from new share placement

    BYD nabs $3.6bn from new share placement

    Chinese car manufacturer BYD has closed Hong Kong’s largest primary share placement in more than half a decade, raising HK$29.9bn ($3.86bn). The issuer tapped the market as the local benchmark Hang Seng Index hit a record high, getting strong demand from mainland investors. Jonathan Breen reports.

  • Apollo Hospitals nets $160m from hot QIP

    Apollo Hospitals nets $160m from hot QIP

    Apollo Hospitals Enterprise has raised around Rp11.7bn ($160m) from a qualified institutional placement, drawing a swell of demand that pushed pricing above the floor.

  • iQiyi adds to stream of ADS fundraisings

    iQiyi adds to stream of ADS fundraisings

    US-listed Chinese companies have raised more than $12bn from equity investors in the past month, with iQiyi becoming the latest to simultaneously sell a convertible bond and price a follow-on offering of its American depositary shares. With valuations soaring for many of these stocks, bankers expect more issuers to jump into the market in 2021, writes Jonathan Breen.

Follow-ons/rights issues archive