NWS becomes the first cornerstone investor to exit AIA through a $70 million trade after a 39.5% gain in the share price, while an institutional investor sells $308 million worth of shares in Sands China.
MGM China kicks off its institutional bookbuilding with the aim of raising up to $1.5 billion. At the same time, greenfield mining company Resourcehouse launches its IPO of up to $3.6 billion.
Modest retail demand means there will be no clawback, but the deal attracts strong institutional interest and prices at the top of the range for a total size of $1.63 billion.
In a tough market, casino operator SJM prices Hong KongÆs third largest IPO this year, while sportswear company XDLong is forced to cancel its listing plans.