Equity capital markets specialists are gearing up for another busy year in Asia in 2015, despite challenging market conditions still continuing.
Hong Kong’s IPO market ended the year with polarised results last week. While Dalian Wanda Commercial Properties managed to price the city’s biggest IPO of the year near the top of its targeted range, shares in funeral services group Nirvana Asi
Baosteel Group raised Rmb4bn (US$650m) from an offering of three-year exchangeable bonds, the first such public issuance since China introduced the structure six years ago. The EBs, which can be exchanged for New China Life A shares, met with an overwhelming response from investors, despite a sharp decline