Hong Kong remains the main scene for the year-end activity in the Asian capital markets, but that doesn’t mean that it is totally quiet elsewhere.
Yesterday, Chinese auto industry information provider Bitauto Holding, which is listed in New York, opened the order books for a follow-on share issue that may raise about $100 million, and real estate internet portal operator Soufun Holding launched a $250 million convertible bond, mirroring similar issues by fellow US-listed Chinese companies Qihoo 360, NQ Mobile, Ctrip and Sina in the past few months.
A day earlier, India’s Power Grid Corp started taking orders for a follow on issue that is looking...
¬ Haymarket Media Limited. All rights reserved.
