Latest news with #shareSales
Bloomberg
10 hours ago
- Automotive
- Bloomberg
Hong Kong's Sixfold Jump in Share Sales Drives Boom Year in Asia
Hong Kong's having a banner year as it marches toward becoming the second-largest market globally for share sales for the first time since 2012. Proceeds from listings and additional share sales in the Asian financial hub in the first half have reached about $33 billion, poised for a sixfold jump from a year ago, according to data compiled by Bloomberg. Offerings from electric carmakers BYD Co. and Xiaomi Corp. raised the most, followed by Contemporary Amperex Technology Co. Ltd., which had the world's biggest new listing this year.
Bloomberg
12-06-2025
- Business
- Bloomberg
Zhejiang Sanhua Seeks $1 Billion in Hong Kong Listing
Zhejiang Sanhua Intelligent Controls Co. is seeking to raise as much as HK$8.12 billion ($1 billion) in its Hong Kong listing, the latest billion-dollar deal to drive the city's recovery in share sales. The Chinese company on Friday began taking investor orders for 360 million shares, according to listing document. Sanhua is offering the shares at HK$21.21 to HK$22.53 each and has the option to upsize the deal.
Bloomberg
12-06-2025
- Business
- Bloomberg
‘I Need Exposure to India' Mood Revs Up Block Trades, IPO Plans
India's market for share sales is warming up after a several dull months, as companies and shareholders cash in on a buoyant stock market. The South Asian nation saw $6.4 billion raised through share sales in May, the highest monthly total since December 2024, according to data compiled by Bloomberg. Block trades worth $5 billion were the biggest contributors, marking the busiest month for such deals since March last year. The momentum has carried into June, with at least 10 blocks raising $1.2 billion in the first week alone.
Yahoo
09-06-2025
- Business
- Yahoo
Saudi Arabia's IPO Boom Faces Multiple Challenges
Saudi Arabian firms have raised about $3 billion from new share sales this year, making it one of the world's hottest IPO markets. But a series of recent setbacks is threatening to take the sheen off that boom, Bloomberg's Laura Gardner Cuesta reports on Horizons Middle East & Africa.
Bloomberg
09-06-2025
- Business
- Bloomberg
Saudi Arabia's IPO Boom Faces Multiple Challenges
June 9th, 2025, 6:42 AM GMT+0000 Saudi Arabian firms have raised about $3 billion from new share sales this year, making it one of the world's hottest IPO markets. But a series of recent setbacks is threatening to take the sheen off that boom, Bloomberg's Laura Gardner Cuesta reports on Horizons Middle East & Africa. (Source: Bloomberg)
