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United States

Scott Murdoch

China's Topsports rises 8% in Hong Kong debut after $1 billion IPO

Oct 09 2019

HONG KONG Shares in Topsports International Holdings rose nearly 8% on debut in Hong Kong on Thursday after China's largest sportswear manufacturer raised $1.0 billion in an initial public offering (IPO) last week.

Hong Kong bourse pulls plug on $39 billion play for London Stock Exchange

Oct 08 2019

HONG KONG Hong Kong's bourse has scrapped its unsolicited $39 billion approach for London Stock Exchange Group after failing to convince LSE management and investors to back a move that could have transformed both global financial services giants. | Video

China's Topsports raises $1.01 billion in Hong Kong IPO: sources

Oct 03 2019

Chinese sportswear manufacturer Topsports International Holdings Ltd has raised $1.01 billion after pricing its shares at HK$8.50 in a Hong Kong initial public offering (IPO), a term sheet for the deal showed on Thursday.

China's Topsports expected to raise $1 bln in Hong Kong IPO -sources

Oct 03 2019

Oct 3 Chinese sportswear manufacturer Topsports International Holdings Ltd is on course to raise $1 billion with its shares expected to price at HK$8.50 in an Hong Kong initial public offering, people with knowledge of the matter said on Thursday.

Australian dealmaking fees dive to three-year low but recovery seen on record low rates

Sep 30 2019

SYDNEY Australia investment banking fees slumped 24% to three-year lows as global economic uncertainties drove M&A volumes down by a fifth so far in 2019, but bankers said record low interest rates and chances of more rate cuts have revived dealmaking prospects.

China's Henlius raises $410 million in Hong Kong IPO: sources

Sep 18 2019

HONG KONG Shanghai Henlius Biotech has raised $410 million after pricing its Hong Kong initial public offering at the bottom end of the indicative pricing range, two people with direct knowledge of the matter said on Wednesday.

Factbox - Foreign investment deals rejected by Australia

Sep 18 2019

SYDNEY Australia's coalition government will face its biggest test toward investment from mainland China since its May re-election with at least two corporate buyouts likely needing approval from a regulatory body increasingly vigilant of security risks.

FACTBOX-Foreign investment deals rejected by Australia

Sep 18 2019

SYDNEY, Sept 18 Australia's coalition government will face its biggest test toward investment from mainland China since its May re-election with at least two corporate buyouts likely needing approval from a regulatory body increasingly vigilant of security risks.

Australia's stance on Chinese investment gets fresh test with Bellamy's bid

Sep 18 2019

SYDNEY, Sept 18 Australia's coalition government will face its biggest test toward investment from mainland China since its May re-election with at least two corporate buyouts likely needing approval from a regulatory body increasingly vigilant of security risks.

REFILE-Australian pension funds' $168bln 'wall of cash' may lead overseas

Sep 11 2019

SYDNEY Sept 10 Australian pension funds are sitting on a A$245 billion ($167.38 billion) 'wall of money' that will probably flow overseas because of a lack of domestic options, asset managers say.

World News