Business

Jack Mas Wealth Drops $3b As Alibaba Shares Slide On Ant Groups IPO Freeze

Jack Ma was poised to become Asia’s richest person with Ant Group Co.’s initial public offering. Instead, his net w... Read more

Chinas Yingke PE Plans To List In Hong Kong By End Of Next Year

Shanghai-based Yingke PE plans to file for an initial public offering (IPO) in Hong Kong in 2021 as it carves out its e... Read more

Chinas Meituan Denies Plans For A Secondary Listing On The Mainland

Hong Kong-listed Meituan, China’s food delivery giant, said on Tuesday that it has no plans nor a timetable for... Read more

Shanghai Exchange Suspends Ant Groups A-share IPO On STAR Market

The Shanghai stock exchange has suspended Ant Group’s A-share IPO on its STAR Market, which was initially set for Thu... Read more

Trump Or No Trump, More US-listed Chinese Firms Will Opt For Secondary Listings At Home

Stifled by the Donald Trump administration’s moves to crack down on US-listed Chinese companies, many of them have op... Read more

Hillhouse-backed Chinese Cosmetics Firm Yatsen Files For $100m US IPO

Yatsen Holding, a Chinese cosmetics company backed by private equity investor Hillhouse Capital and venture capital fir... Read more

Chinese Investment Bank CICC Jumps 33% In Shanghai Debut

China International Capital Corp surged 33% in its debut on the Shanghai stock exchange on Monday as investors bet the ... Read more

Chinese Data Centre Company GDS Lists Above Offer Price After $1.67b Hong Kong Listing

Chinese data center company GDS Holdings Ltd. rose 3% from its offer price after raising $1.67 billion in its Hong Kong... Read more

Indias Equitas Small Finance Bank Lists At 6% Below Issue Price

Shares of Equitas Small Finance Bank made a tepid stock markets debut on Monday. The stock listed at ₹31.10, a disc... Read more

Indian Renewable Energy Companies Queue Up For IPOs

Several renewable energy companies in India, especially those owned or backed by financial sponsors, have started expl... Read more

Retail Investors Bid Record $3t For Ant Groups IPO

Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd’s dual listing in an unprecedente... Read more

Chinas Lufax Falls 14% In New York Debut After $2.36b IPO

Shares of Lufax Holding Ltd, one of China’s largest online wealth management platforms, fell 14% in their debut on th... Read more

Landmark SG IPO Turns Professor Shi Xu Into Multimillionaire

Shi Xu moved to Singapore in the early 1990s, hoping for financial stability and job security. Now the former academic ... Read more

Shares Of Nanofilm Technologies Rise 8% On Debut After Oversubscribed SGX IPO

Nanofilm Technologies International Ltd stock traded 8% above its initial public offering (IPO) price in its debut on... Read more

Ant Groups Prospectus Shows Post-IPO Stakes Of Temasek, GIC, Other SWFs

Singapore state-owned investment company Temasek, the city-state’s sovereign wealth fund GIC, and other countries’ ... Read more