Business

Temasek Picks Up Shares Worth $29m To Hike Stake In Vietnamese Unicorn VNG

Singapore state investor Temasek has invested about $29 million in additional shares of Vietnamese Internet major VNG C... Read more

Chinese Video-streaming Service IQIYI Targets Raising $1.1b In Convertible Bonds

Chinese video-streaming service iQIYI Inc is looking to raise $1.05 billion in convertible bonds, the latest example ... Read more

Rakutens Mikitani To Be Among The Biggest Winners In Lyfts IPO

A Japanese retail billionaire, rather than a Silicon Valley wunderkind, is poised to be the biggest beneficiary of Lyft... Read more

Chinese E-commerce Platform Yunji Files For US IPO

Yunji, a Chinese social e-commerce platform, has filed to list in the US, with an expectation to raise up to $200 milli... Read more

Shanghai Exchange Accepts First Applicants For Nasdaq-style Tech Board

The Shanghai Stock Exchange took a major step toward launching its hotly-anticipated Nasdaq-style technology board, a... Read more

Uber Said To Pick New York Stock Exchange For 2019 IPO

Uber Technologies Inc. has selected the New York Stock Exchange for its imminent initial public offering, handing the t... Read more

Bogged Down By Gaming Freeze, Tencent Posts 32% Profit Drop

Tencent Holdings, Asia’s second-most valuable listed firm, reported on Thursday a sharper-than-expected 32 percent fa... Read more

UAEs VPS Healthcare Rethinks London IPO Due To Brexit Uncertainty

VPS Healthcare LLC, a hospital operator in the Middle East, Europe and India, is reconsidering plans to list in London ... Read more

Malaysias State Fund PNB Chief Sees Strong Revival For Stocks

The biggest exodus of overseas investors from Malaysian equities since 2015 is spurring bets for a strong rebound in th... Read more

Foxconn Ventures Sells $398.4m Worth Of Alibaba Stock

Foxconn Ventures Holdco has sold $398.4 million worth of Alibaba Group Holding Ltd‘s shares, in a block trade in the... Read more

Indonesias Lion Air Said To Prepare For $1b IPO

Lion Air has started preparations for a domestic initial public offering, people with knowledge of the matter said, as ... Read more

Baby Formula Maker China Feihe Plans To Revive $1b Hong Kong IPO

China Feihe Ltd., an infant formula producer, is restarting preparations for a Hong Kong initial public offering that c... Read more

India: Embassy Office Parks REIT IPO Fully Subscribed On Last Day

The initial public offering (IPO) of Embassy Office Parks REIT was fully subscribed on Wednesday, the last day of the i... Read more

After Long Drought, Two Malaysian Firms Set To Raise Up To $900m In IPO

Malaysia’s poultry producer Leong Hup International and fast food operator QSR Brands are in advanced stages of launc... Read more

Bain Capital Likely To Push Back Toshiba Memory IPO By Two Months

U.S. buyout firm Bain Capital is likely to push back the IPO of Toshiba Memory by around two months, a person with kn... Read more