Business

US-listed Chinese Electric Vehicle Trio Eyes HK Listing This Year To Raise Combined $5b

US-listed Chinese electric vehicle (EV) makers Li Auto Inc, Nio Inc., and Xpeng Inc plan to list in Hong Kong as soon... Read more

India: Easy Trip IPO Gets Subscribed 2.34 Times On First Day

The ₹510-crore initial public offering (IPO) of ticket-booking site Easy Trip Planners Ltd (ETPL) was subscribed ... Read more

Baring Asia Mulls Listing CitiusTech In US Via SPAC Merger

Baring Private Equity Asia is considering listing Citiustech Healthcare Technology Pvt. in the U.S. through a merger ... Read more

JD Technology Likely To Withdraw IPO On STAR Market

JD Technology, the fintech unit of Chinese e-commerce giant JD.com Inc., is likely to withdraw its application for an i... Read more

SK Bioscience To Raise $1.3b In S Koreas Largest IPO Since 2017

South Korean vaccine developer SK Bioscience Co Ltd is expected to raise 1.5 trillion won ($1.33 billion) in the cou... Read more

Asia Digest: Ryde Appoints Adviser For 2022 IPO; S Koreas Standigm Secures $44.5m In Pre-IPO Round

Singapore-based Ryde has appointed SAC Capital as its financial adviser to lead preparations ahead of a planned IPO whi... Read more

Chinese Beauty App Meitu Shares Surge After Cryptocurrency Investment

Shares of Hong Kong-listed Chinese photo-editing app Meitu Inc rose as much as 14.4% on Monday morning after the comp... Read more

Coupangs $3.6b Blockbuster IPO Proves Why US Is Better Pick For Tech Outings

South Korean e-commerce giant Coupang Inc.’s initial public offering is on track to be the largest listing by a Korea... Read more

Arrow Capital-backed Tech SPAC Tribe Capital Growth Raises $240m In US IPO

Tribe Capital Growth I, a tech-focused blank check company formed by Silicon Valley-based early-stage venture capital f... Read more

India: Flipkart Stares At A Dent In Valuations  Ahead  Of listing

Walmart Inc.-owned Flipkart is exploring going public in the US through a merger with a blank-cheque company, accord... Read more

Asia-focused SPAC Model Performance Acquisition Eyes $50m US IPO

Model Performance Acquisition, a Hong Kong-based blank check company led by ex-Templeton Asset Management North Asia pr... Read more

Amazon-backed Food Delivery Firm Deliveroo Earmarks Shares Worth $69m To Customers

Deliveroo said shares worth 50 million pounds ($69 million) would be earmarked for customers in its upcoming flotation... Read more

Indonesian E-commerce Unicorn Bukalapak May Tap Local Market IPO In Q3 2021

Indonesian e-commerce unicorn Bukalapak is eyeing an initial public offering (IPO) on the Indonesia Stock Exchange (IDX... Read more

India: MTAR Tech IPO Subscribed 200.79 Times On The Final Day Of Bidding

The ₹596-crore initial public offer of MTAR Technologies has been subscribed 200.79 times on the final day of bid... Read more