HONG KONG: A late-year rush of giant global share sales led by Alibaba’s US$13bil Hong Kong listing and Aramco’s US$26bil initial public offering is failing to deliver an equivalent payday for equities bankers.
Filings yesterday revealed 17 banks will split up to US$32.3mil for Alibaba Group’s Hong Kong deal, which will raise up to US$12.9bil for the Chinese e-commerce giant.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
