IFR International - 21.07.2018

ASIA-PACIFIC

CHINA

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OTHERûTHINGS

ASIA-PACIFIC EQUITIES

BOOKRUNNERS: 1/1/2018 TO DATE

Managing No of Total Share

bank or group issues US$(m) (%)

1 Morgan Stanley 52 11,625.42 8.5

2 Citigroup 52 9,162.75 6.7

3 Goldman Sachs 47 8,692.26 6.4

4 UBS 37 7,222.91 5.3

5 BAML 14 6,460.21 4.7

6 CICC 16 6,244.64 4.6

7 Citic 31 4,708.16 3.5

8 Credit Suisse 28 4,661.26 3.4

9 JP Morgan 27 4,215.98 3.1

10 Sumitomo Mitsui Finl 42 3,120.80 2.3

Total 1,403 136,024.63

Including all domestic and international deals and rights issues

Source: Thomson Reuters SDC code: C4a1

ASIA-PACIFIC EQUITIES (EX-JAPAN)

BOOKRUNNERS: 1/1/2018 TO DATE

Managing No of Total Share

bank or group issues US$(m) (%)

1 Morgan Stanley 35 9,658.65 8.0

2 Citigroup 48 8,756.77 7.3

3 Goldman Sachs 46 8,639.68 7.2

4 UBS 35 6,982.21 5.8

5 CICC 16 6,244.64 5.2

6 BAML 11 5,866.06 4.9

7 Citic 31 4,708.16 3.9

8 Credit Suisse 27 4,488.13 3.7

9 JP Morgan 23 3,446.05 2.9

10 China Securities 21 2,964.14 2.5

Total 1,274 120,710.83

Including all domestic and international deals and rights issues

Source: Thomson Reuters SDC code: C4a2

WEEK IN NUMBERS

5.4%
„ RUBIUS THERAPEUTICS OPENED UP 33%
ABOVE ITS IPO PRICE ON WEDNESDAY’S
DEBUT. THE COMPANY HAD COMPLETED
THE LARGEST BIOTECH IPO OF THE
YEAR, RAISING US$241m AFTER PRICING
US$1 ABOVE THE TOP OF MARKETING
GUIDANCE. SHARES ENDED WEDNESDAY
ON NASDAQ UP JUST 5.4%

34%
„ MORGAN STANLEY’S Q2 RESULTS SHOWED
EQUITY UNDERWRITING REVENUES UP 34%
OVER THE SECOND QUARTER OF 2017 TO
US$541m. ITS EARNINGS FELL BETWEEN
JP MORGAN AT US$570m AND GOLDMAN
SACHS’ US$489m, WITH ALL THREE BANKS
PUTTING IN A STRONG PERFORMANCE

HK$42.6bn
„ THE FULL GREENSHOE WAS EXERCISED
ON XIAOMI’S HONG KONG FLOAT, TAKING
THE CHINESE SMARTPHONE MAKER’S IPO
TO HK$42.6bn (US$5.4bn). SHARES AT THE
TIME WERE TRADING AROUND 30% UP
FROM THE IPO

US$1.56bn
„ TILRAY BECAME THE FIRST CANNABIS
GROWER TO GO PUBLIC ON A US EXCHANGE
WITH A MARKET CAPITALISATION OF
US$1.56bn, HAVING LAST YEAR GENERATED
REVENUE OF US$20.5m. PRICING CAME AT
US$17 PER SHARE, ABOVE THE US$14-$16
PRICE RANGE

50% + one share
„ THE SLOVENIAN GOVERNMENT HAS
REVIVED THE PRIVATISATION OF NOVA
LJUBLJANSKA BANKA AND WILL SELL A
MAJORITY OF THE BANK THROUGH AN IPO
BEFORE YEAR-END, WITH ITS REMAINING
25% STAKE TO BE SOLD IN 2019

15

17

19

21

23

25

27

29

31

33

35

Marketing range

IPO price

Rubius Therapeutics

09.44 10.44 11.44 12.44 13.44 14.44

US$