Daily BriefsECM

Daily Brief ECM: China MeiDong Auto Placement – Strong Track Record and Past Deals Have Held Up and more

In today’s briefing:

  • China MeiDong Auto Placement – Strong Track Record and Past Deals Have Held Up
  • Jinxin Fertility Group Placement – Weak Track Record And Recent Deals Have Performed Poorly

China MeiDong Auto Placement – Strong Track Record and Past Deals Have Held Up

By Clarence Chu

  • China MeiDong Auto (1268 HK) is looking to raise US$100m via a top-up placement.
  • Proceeds from the offering will be geared towards potential M&A and general working capital purposes.
  • In this note, we will run the deal through our ECM framework and talk about the recent updates.

Jinxin Fertility Group Placement – Weak Track Record And Recent Deals Have Performed Poorly

By Ethan Aw

  • Jinxin Fertility Co Ltd (1951 HK) is looking to raise US$122m via a top-up placement. 
  • Proceeds from the offering will be used to repay its outstanding convertible bond and general corporate purposes. 
  • In this note, we will run the deal through our ECM framework and talk about the recent updates.

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