Business

India: UTI AMC IPO Lags Peers On Growth, Profitability And Also On Valuation

The street’s enthusiasm for UTI Asset Management Co.’s initial public offering (IPO) could be mixed. IPOs are doin... Read more

Japans Chipmaker Kioxia Said To Scrap IPO Plan As Sino-US Tensions Rise

Kioxia Holdings Corp, the world’s second-largest memory chipmaker, will scrap plans for an initial public offering... Read more

Chinas Ant Group Sidelines Banks In Distribution Of Funds Targeting Its IPO

As five Chinese mutual funds targeting Ant Group’s hotly-anticipated IPO kicked off subscriptions on Friday, retail... Read more

Fan Frenzy Builds Up For Boy Band BTS Groups Music Label Big Hit IPO

Kim Eun-hee wants to complete her collection of memorabilia of Korean boy band BTS by bidding more than $120,000 to buy... Read more

IPO-ready Ant Group Launches Blockchain-based, Cross-border Trade Platform

Ant Group, owner of China’s ubiquitous mobile payment app Alipay, launched a blockchain-powered platform for cross-... Read more

Chinese Smart Power Grid Supplier Holystar Eyes $323m In STAR Market IPO

Shanghai Holystar Information Technology Co., Ltd, a developer of smart power grid networks based on internet of things... Read more

India: SBI, LIC, BoB To Offload 8.25% Stake Each In UTI AMC Via IPO

The much awaited initial public offering (IPO) of UTI Asset Management Company will hit the markets next week. The pric... Read more

Tencent, Hillhouse-backed Chinese Discount Retailer Miniso Files For US IPO

Miniso Group Holding, a Chinese discount retailer selling branded lifestyle and home goods, on Thursday filed for an in... Read more

India: IPOs Of Chemcon Chemicals, CAMS See Overwhelming Investor Response

The IPOs of Chemcon Speciality Chemicals and CAMS that closed today have received a bumper response. Chemcon IPO was s... Read more

Bain-backed Data Centre Operator Chindata Seeks Up To $540m In US IPO

Chindata Group Holdings Ltd. is looking to raise as much as $540 million in its U.S. initial public offering, hoping to... Read more

Singapore Agribusiness Wilmars Unit To Raise $2b In China IPO

Singapore agribusiness Wilmar International said on Thursday its China business, Yihai Kerry Arawana (YKA), was set to ... Read more

Ant Group Said To Raise $17.5b Via HK IPO Without Cornerstone Investors

China’s Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer ... Read more

Goldman-backed Chinese Pet Services Firm Boqii Sets Terms For $77m IPO

Boqii Co, a Goldman Sachs-backed Chinese pet products and services platform, has announced terms for its US IPO, with p... Read more

Richard Li-backed Asian Insurer FWD Seeks To Raise Up To $3b HK IPO

FWD Group Ltd., the Asian insurer backed by billionaire Richard Li, has picked banks for its planned Hong Kong initial ... Read more

Owner Of Chinese Budget Cosmetics Brand Perfect Diary Eyes IPO In US

Guangzhou Yatsen E-Commerce Co. Ltd., which operates budget cosmetics brand Perfect Diary, is eyeing a US IPO as soon a... Read more