By Quynh Nguyen
JA Solar Vietnam has signed a $68 million credit loan with China’s Minsheng Bank while Thailand’s Nawaplastic continues to lift its ownership in Vietnam’s plastic producer.
Bytedance, which was valued at more than $20 billion in an equity fundraising round in late 2017, is considering an IPO in Hong Kong, although details on how much it intends to raise were still unavailable.
China Eastern Airlines Corp will use the proceeds to expand its fleet and to replenish working capital
In February, Indonesia became the first Asian country to sell “green” bonds internationally in a $1.25 billion deal.
Macquarie Bank purchased over 1.572 million shares, equivalent to 5.74 per cent of Yeah1’s charter capital.
Bigbasket had raised $300 million in primary and secondary capital from Alibaba Group earlier this year.
WeLab, founded in 2013, was said to be seeking $500 million in its Hong Kong IPO.
After the transactions, the stake held by SoftBank Group and its units will rise to 48.17% from 42.95% now, and Altaba will have about 27%.
The move was expected after the conglomerate said this year it was making preparations for a listing.
Xiaomi shares closed at HK$16.80, having touched a low of HK$16 in early trade, compared to the IPO price of HK$17 per share.