greenshoe

The Chinese steelmaker falls almost 20% on its first day of trading, while small-cap bakery chain Christine finishes 0.6% above its IPO price.

The exercise of the shoe increases the deal size to $20.5 billion and makes the pan-Asia life insurer the third largest IPO in the world.

Agricultural Bank boosts its total deal size to $20.8 billion after exercising the greenshoe on the H-share portion of its IPO. Meanwhile, ICBC will seek shareholder approval for a $6.6 billion rights issue on September 15.

The deal''s success demonstrates the confidence in Thai Military Bank and the scarcity value associated with it.

RenongÆs key shareholder Halim Saad has announced that he might take Renong private -but he has no ready cash.