Posts tagged as: Australia

All quiet on the Eastern front

3rd March 2015

There seems to be no end in sight for the Asian ECM bout of depression. Above all, it’s been a pretty miserable year so far for IPOs, in sharp contrast to new listings activity in other parts of the world.

SGX increases thresholds for IPOs

2nd August 2012

HONG KONG (Dow Jones Banking Intelligence)— Singapore Exchange Ltd (the SGX) has just introduced a new set of rules for admission to listing on its main board. This makes perfect sense and also addresses one of the exchange’s key weaknesses: a lack of liquidity caused by the presence of too many smaller, and lower quality, issuers. Hong Kong Exchanges and Clearing Limited (HKEx) should take notice.

Citi draws (some) curtains in India with HDFC sale

5th March 2012

HONG KONG (Dow Jones Banking Intelligence) – Citigroup Inc.’s sale of its remaining stake in Housing Development Finance Corp (HDFC) comes as no surprise amid rising markets combined with a pressing need to find extra capital. Other Western firms have already been there in China over the last couple of years. Meanwhile Asian houses are seizing the opportunity to grow, on the back of their Western peers’ renewed asset dumps.

Will Resourcehouse’s IPO hit a hard rock?

1st June 2011

HONG KONG (Dow Jones Investment Banker)  - Having postponed a listing in Hong Kong three times (including in March this year), coal and iron ore behemoth Resourcehouse Limited has just delayed the start of the public offer for its multi-billion dollar IPO to May 30, from an initial date of May 26, with pricing now scheduled for June 3. It might be fourth time lucky for the listing this time around, but perhaps CEO Clive Palmer will need to wait – and try yet again.

Listing in an increasingly polarized world

18th February 2011

HONG KONG (Dow Jones Investment Banker) – It’s been an eventful week in the otherwise cozy world of stock exchanges. But to what extent will the latest round of M&A benefit ECM bankers who underwrite stock offerings for their clients?

Hong Kong to boost governance regime

16th February 2011

HONG KONG (Dow Jones Investment Banker) – As the Stock Exchange of Hong Kong continues to attract a wide array of Chinese issuers as well as, increasingly, international companies looking to tap Asian investors, proposed changes to boardroom rules are very welcome and long overdue.

SGX bets on innovation to catch up

12th January 2011

HONG KONG (Dow Jones Investment Banker) – Singapore Exchange Ltd (SGX), dwarfed by a number of its Asian rivals, is sparing no efforts to compete on a regional stage. But its introduction of remote trading is likely to have only a marginal impact.

 

 

I have set up this blog to report notable events on international IPOs.

These include particularly remarkable transactions, changes in market practice (whether pertaining to documentation, valuation or marketing techniques) and regulations, as well as appointments in the sphere of equity capital markets (ECM).

Although the blog has a bias towards the Asia-Pacific region, since this is where I am based, it is intended to be global in both its scope and outlook.

Please use the contact form above to report an IPO story or an ECM development.

  •  

    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
  •