Business

Chinese Drinks Maker Nongfu Spring Raises $1.1b In Hong Kong IPO

Chinese drinks producer Nongfu Spring will raise nearly $1.1 billion in its Hong Kong initial public offering (IPO) aft... Read more

Jack Mas Ant Fuels Tech IPO Frenzy Not Seen Since Dotcom Bubble

Ant Group’s potentially record-sized initial public offering could propel technology capital-raising in 2020 past the... Read more

Indias ICICI Bank Sells 2% In Brokerage Unit For $42m

Private lender ICICI Bank Ltd on Friday said it has sold 6.44 million shares or 2% stake in its brokerage arm ICICI Se... Read more

IPO Digest: Milkbasket, PhonePe Plan To Go Public

Milkbasket, a daily grocery delivery platform headquartered in Gurugram, is looking to launch its initial public offeri... Read more

Yum China Secures Nod For Mega Hong Kong Second Listing

Yum China Holdings Inc. has received the green light from the Hong Kong stock exchange for its proposed second listing,... Read more

SoftBank May Raise $14b From Stake Sale In Wireless Carrier

SoftBank Group Corp said on Friday it planned to slash its exposure to wireless carrier SoftBank Corp in a share sale w... Read more

Indias GMR Infrastructure To Spin Off And List Airports Business

GMR Infrastructure Ltd (GIL) has announced a strategic restructuring of its business verticals, including a spin-off a... Read more

Indias National Stock Exchange Close To Getting Regulatory Nod For IPO

After protracted delays, the ₹10,000-crore initial public offering (IPO) by the National Stock of Exchange of Ind... Read more

Chinese EV Maker Xpeng Surges 67% On US Debut, Raises $1.5b In IPO

Shares of Chinese electric vehicle (EV) maker Xpeng Inc jumped as much as 67% after its U.S. market debut on Thursday... Read more

Poor Investor Sentiment Delays $4.5b Worth Of Indian IPOs

Despite the sharp stock market rally since March, public market listings worth over ₹33,500 crore are waiting in the... Read more

Vietnams NextPay Aims To Raise $60-100m In Pre-IPO Private Placement

Vietnamese e-payment solutions provider NextPay Holdings is mulling a private placement to raise around $60-100 million... Read more

India Looks To Sell Up To 15% Stake In Defence Major HAL Via Offer For Sale

The Indian government will divest an additional up to 15% stake in Hindustan Aeronautics Ltd (HAL) through an offer fo... Read more

Ant IPO Will Unlock Vast Riches For Many Early Investors, Employees

It’s the hottest fintech in the world and it’s poised to go public in the coming months, unlocking vast riches fo... Read more

Sequoia-backed Biotech Firm Brii Mulls Hong Kong IPO

Brii Biosciences, which focuses on treatments for diseases such as Covid-19 and HIV, is considering an initial public o... Read more

Peter Thiel-backed Palantir To Go Public Via Direct Listing, Reveals $580m Loss In 2019

Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for w... Read more