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The funds will be used to repay loans and for the expansion of VinFast, the group's automobile unit, it said. Bondholders will be able to exercise options to receive shares in VinFast Singapore.
The company sold 1.5 billion shares in the deal, its second attempt to list in Hong Kong in a matter of weeks
India was placed fourth when it comes to the number of companies valued at over $1 billion last year but the US and China, who occupy the first two ranks, are way ahead
Hutchison was a non-executive director when the NZX-listed company collapsed in 2018 with a market capitalisation of $508 million
The advance allocation is aimed to mitigate economic pressure in the first quarter of next year, finance vice-minister Xu Hongcai said
China's property developers may struggle to pay annual bonuses as local governments lock up funds and bond maturities double, says Nomura.
The bargain-buyers returned to Asia’s trading floors on Wednesday though the new Covid variant continued to cast a long shadow
Zero or negative interest rates incentivise risky investing and many are putting money into higher-risk asset classes for the first time in pursuit of returns
They are getting a closer look as Sino-US tensions threaten revenue for the New York Stock Exchange and Nasdaq stock market.
The average fund recorded was just 690 million yuan due to intense competition for investment, Shanghai Securities News data show
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