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Niu had been marketing a sale of 8.3 million shares at $9 to $10 apiece, after initially offering them at $10.50 to $12.50 each.
Charoen Sirivadhanabhakdi’s TCC Group aims to list its Asset World Corp. unit in Bangkok next year.
Healthcare coverage has become more vital for investments banks in the region after HK changed its listing rules.
Youngor Group Co. and Foshan Yesheng Investment Co. agreed to buy about $178 million of stock as cornerstone investors.
WuXi AppTec, which previously traded on the New York Stock Exchange, was taken private in 2015 in a $3.3 billion deal by founder Ge Li and a group of investors including Ally Bridge Group and Hillhouse Capital.
The Chinese financial services giant is looking for deals to build its presence abroad, acquiring technology and investing in local payment services in Southeast Asia, Korea and India.
China Renaissance, founded in 2005 by former Morgan Stanley banker Bao Fan, is an early investor in a number of Chinese technology companies including Meituan Dianping.
Altaba is Yahoo Japan’s second-largest shareholder with a 23.9 percent stake, trailing only SoftBank Group Corp.
Cornerstone investors including Chinese investment firm Hillhouse Capital and Morgan Stanley have agreed to buy a combined $375 million of stock in the offering
TA Associates and Hong Kong-listed equipment lessor Far East Horizon Ltd. bought a stake in the firm in 2015.