China's Full Truck Alliance is preparing a dual primary listing in Hong Kong in 2022 that could raise about $1 billion, said three sources with knowledge of the matter, joining a wave of share sales in the city by U.S.-listed Chinese companies.
Chipmaker GlobalFoundries Inc said on Wednesday it sold shares in its initial public offering (IPO) at $47 a piece, at the higher end of its targeted price range, to raise about $2.6 billion.
Malaysian glove maker Top Glove Corp has slashed the amount it aims to raise from its planned Hong Kong listing to HKD3.68 billion ($473 million), less than a quarter of its initial target, it said in a resubmitted listing application.
President Joe Biden is expected to head to Europe without an agreement on measures to combat climate change as chances dimmed that deeply divided Democrats in Congress would agree on Wednesday on a broader spending deal.