ABB/Block Trades

  • WuXi Biologics block fetches $1.3bn

    WuXi Biologics block fetches $1.3bn

    A leading shareholder in WuXi Biologics (Cayman) has pocketed HK$10.3bn ($1.3bn) after offloading a chunk of the company’s shares.

  • Gangfeng Lithium mines funds from H-share placement

    Gangfeng Lithium mines funds from H-share placement

    Gangfeng Lithium Co, the world’s largest lithium metal supplier, raised HK$4.869bn ($628m) from a placement over just two hours of bookbuilding as investors flocked to the Chinese company’s deal.

  • Viva pockets $491m from Li Ning sell-down

    Viva pockets $491m from Li Ning sell-down

    Viva China Holdings has raised HK$3.8bn ($491.4m) after offloading a block of shares in Chinese sportswear manufacturer Li Ning Co, according to a source familiar with the matter.

  • HK investors gobble up EV maker, dairy blocks

    HK investors gobble up EV maker, dairy blocks

    A pair of large block trades this week showed the depth of Hong Kong’s equity capital market, with more than $3bn raised by conglomerate China Evergrande Group and European food products company Danone. Jonathan Breen reports.

  • Orient Overseas block goes for HK$840m

    Orient Overseas block goes for HK$840m

    A Chinese state-owned shareholder of Orient Overseas (International) has raised HK$840m ($108.2m) from the sale of a block of shares, according to a source familiar with the matter.

  • China Gas launches $1.55bn share sale

    China Gas launches $1.55bn share sale

    China Gas Holdings has kicked off a top-up share placement, eyeing up to HK$12.05bn ($1.55bn), according to terms seen by GlobalCapital Asia.

more abb/block trades