Business

Xiaomi Reports $1b Loss In Q1 As It Prepares To Hawk IPO To Investors

Xiaomi Corp. revealed it lost more than $1 billion in the first three months, as the Chinese smartphone maker prepares ... Read more

M Cash Subsidiary NFC Indonesia Seeks To Raise Up To $24m Via IPO

PT NFC Indonesia, a subsidiary of listed digital kiosk company M Cash Integrasi, has announced plans to list its shares... Read more

Cryptocurrencies Shed $46b After Hacking At South Korean Exchange

A cryptocurrency exchange hack in South Korea jolted holders of digital assets, fueling a $46 billion rout and extendin... Read more

Hong Kongs Haeco Surges After Parent Swires $382m Buyout Offer

Hong Kong Aircraft Engineering Co., a unit of Swire Pacific Ltd., jumped the most on record after the parent said it pl... Read more

Australian Microlender Prospa Delays IPO Indefinitely

Australian small-business lender Prospa has announced that its proposed listing on the Australian Stock Exchange (ASX) ... Read more

Singapores SBI Ven Holdings To Increase Stake In Vietnamese Lender TPBank

Singapore-based SBI Ven Holdings, the overseas private equity arm of SBI Holdings will increase its stake in Vietnamese... Read more

Paktor Parent M17 Delays NYSE Debut After Falling Short Of Fundraising Target

Taiwan-based M17 Entertainment, the parent company of Singapore’s dating and networking app Paktor, has delayed its s... Read more

China Regulator Receives Xiaomis IPO Application

China‘s securities regulator has received on June 7 application from smartphone and connected device maker Xiaomi... Read more

Foxconn Takes Flight In Chinese Debut Post A $4.3b IPO

Foxconn Industrial Internet Co. soared in its Shanghai debut, a thumbs-up for billionaire Terry Gou’s ambitions of nu... Read more

Revolution Precrafteds Robbie Antonio Says Looking At IPO In 2020-21

Revolution Precrafted, a provider of prefabricated properties and the first Philippine unicorn, has been on an aggressi... Read more

Rohatyn Group-backed Sansera Appoints Investment Banks For $208m IPO

Bengaluru-based auto-component maker Sansera Engineering Pvt. Ltd has appointed investment banks to start work on its i... Read more

Chinese Billionaire Founder Jihan Wu Mulls IPO Of Bitcoin Miner Bitmain

With his baby face, eyeglasses and go-to outfit of T-shirt, jeans and sneakers, Jihan Wu looks more like a geeky teenag... Read more

German Meal Kit Company Marley Spoon To Tap ASX To Raise $53.6m In IPO

Marley Spoon, a Berlin-based meal kit company, has announced to raise AUS$70 million ($53.6 million) through an IPO for... Read more

China Unveils Final Rules For Big Tech Listings Trial

China published final rules of a trial program for securities that would allow companies such as Alibaba Group Holding ... Read more

Chinese PE Fund Manager Cornerstone Management Files For $70m US IPO

Cornerstone Management, a Guangzhou, China-based private equity fund manager, has filed for a $70-million initial publi... Read more