Ken Wang covers China's ECM and the equity-linked market for IFR. Before joining Thomson Reuters IFR in January 2011, he worked as a stock editor for China Finance Online.
Investment banks in mainland China are shifting more resources into the budding market for equity private placements, as A-share IPOs continue to underwhelm on volumes and fees.
Brand management firm BlueFocus Communication Group is to be the first company listed on China’s Nasdaq-style second board to seek a Hong Kong listing.
The board of Industrial Bank has cut to Rmb26bn (US$4.25bn) from Rmb30bn the size of funds to be raised through its proposed offering of domestic preferred shares.