equipment

The Chinese lender beats a number of other financial sector issuers expected out of China this year. Also in the market yesterday was Far East Horizon, which sold $371 million of new shares.

Existing shareholders in Lippo Karawaci sell $250 million of stock in support of an upcoming rights issue, while a pre-IPO private equity investor cashes in $151 million worth of shares in International Mining Machinery.

The Korean power equipment maker attracts a mix of investors who expect that the share sale will remove of an earlier overhang. Separate blocks in Chinese Estates and Bank Central Asia were still not completed early this morning.