Business

Indonesia Exchange Attracts Investment From Japanese Peer

Japan Securities Finance, a provider of capital for margin trades, has acquired a 10% interest in a group arm of the In... Read more

Alibabas Ant Group Files For Blockbuster Dual Listing In HK, Shanghai

Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong a... Read more

Chinas Bottled Water Firm Nongfu Spring To Raise $1.1b In Hong Kong IPO

Chinese drinks maker Nongfu Spring will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ... Read more

Warburg To Sell Shares Worth $67m In Indian Gold Retailer Kalyan Jewellers IPO

Kalyan Jewellers India Ltd, one of the biggest gold retailers in the country, on Monday filed the draft prospectus for... Read more

Indonesias Top Drugmaker Kalbe Farma Weighs Food Unit IPO

PT Kalbe Farma, Indonesia’s biggest drugmaker by market value, is considering an initial public offering for its nutr... Read more

GIC-backed AI Healthcare Solutions Provider Yidu Tech Files For HK IPO

Yidu Tech Inc, a Chinese big data and AI-powered healthcare solutions provider backed by Singapore’s GIC and Tencent,... Read more

Newly-listed Firms On Chinas ChiNext Startup Board Make Stellar Debut

Shares of 18 companies surged on their ChiNext debut on Monday, kicking off a historic reform that will see Shenzhen of... Read more

Chinese AI Startup 4Paradigm Mulls Listing On STAR Market

Artificial intelligence (AI) specialist 4Paradigm is planning to list on Shanghai’s Nasdaq-like STAR Market, founder ... Read more

Alibaba Investors Swap US Shares For Hong Kong Amid Geopolitical Tension

Several of Alibaba Group Holding Ltd.’s biggest investors have converted billions of dollars in U.S. shares for Hong ... Read more

Carlyle-backed Adicon Clinical Lab Hires Banks For Hong Kong IPO

Adicon Clinical Laboratories Ltd., a Chinese lab operator backed by Carlyle Group Inc., has picked banks for its Hong K... Read more

Chinese EV Maker XPeng Looks To Raise Up To $1.11b In US IPO

Chinese electric vehicle (EV) manufacturer XPeng Inc said it hopes to raise up to $1.11 billion in its initial public o... Read more

Shenzhens ChiNext Startup Board Adds Fuel To Sino-US Battle For Tech Dominance

As companies prepare to list on the startup board ChiNext under a new US-style IPO system on Monday, China’s Shenzhen... Read more

Jack Mas Ant Group Said To Target $225b Valuation In IPO

Billionaire Jack Ma’s Ant Group plans to file for dual listings in Hong Kong and Shanghai in the next few weeks, targ... Read more

Chinese Pharma Firm Easton Eyes $193m In STAR Market IPO

Chinese pharmaceutical company Chengdu Easton Biopharmaceuticals Co Ltd plans to raise 1.3 billion yuan ($193 million) ... Read more

India Invites Bids From Merchant Bankers To Pare Stake In Railways E-ticketing Arm

The Indian government has set the ball rolling to further pare its stake in Indian Railway Catering and Tourism Corp. L... Read more