hongqiao

Why Hongqiao's $800m equity deal won't end its woes

The world’s largest aluminum producer raises $800 million in share placement as short seller attacks and rating downgrades undermine its ability to raise debt. It may yet need more.

January 16, 2018

Hongqiao launches $200m placement

Books were covered within a few hours of opening and the aluminium producer plans to use the funds raised to acquire upstream assets and pay off debt.

September 04, 2014

Chinese leasing company raises $658 million to drive lending

Despite an expensive valuation, Far East Horizon's offering attracts strong demand and bankers hope the deal will mark a turning point for Hong Kong’s quiet IPO market.

March 27, 2011

Hongqiao IPO raises $822 million at second attempt

Hongqiao raises less than half it originally planned to, but bankers are relieved as the Chinese aluminium producer successfully launches in a choppy market.

March 20, 2011

Hongqiao returns with downsized IPO

Chinese aluminium producer Hongqiao revives its planned IPO, but trims the deal size by more than half.

March 15, 2011