Business

Alibaba, Xiaomi To Join Hong Kongs Hang Seng Index

E-commerce conglomerate Alibaba, handset maker Xiaomi and WuXi Biologics will enter the Hang Seng next month, broadenin... Read more

China IPO Digest: Shanghai CEO, GenTech Raise Funds Ahead Of STAR Market Offering

The environmental protection equipment manufacturer Shanghai CEO Environmental Protection Technology and process critic... Read more

Thai Airways Shares Suspended After Auditors Decline To Sign Off On Accounts

Thai Airways International Pcl shares were suspended by the bourse on Friday after auditors declined to sign off on i... Read more

Baidu-backed Streaming Service IQIYI Tumbles After Disclosing SEC Probe

Iqiyi Inc., a Chinese Netflix-style streaming service that’s backed by Baidu Inc., tumbled as much as 19% after discl... Read more

Chinese Firms Making Beeline For US IPOs Despite Delisting Threat

The US government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland... Read more

SoftBank-backed Beike Shares Surge In NY Debut After Raising $2.12b In IPO

Shares of SoftBank-backed KE Holdings Inc jumped 75% in their New York debut on Thursday, after the Chinese online real... Read more

SoftBank-backed AI Startup SenseTime Said To Eye Dual Listing In HK, China

SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and C... Read more

K-Pop Group BTS Label Big Hit Posts Profit Jump As It Prepares For IPO

Big Hit Entertainment, the management label of hugely popular South Korean K-Pop group BTS, saw a 27% jump in half-yea... Read more

Creador-backed Malaysian Retailer Mr DIY Revives $500m IPO Plan

Dealmakers are looking for signals from investors of enthusiasm for Malaysian new share sales as Mr DIY Group revives i... Read more

Chinas Kingold Jewelry Delisting From Nasdaq, Shares Plunge 27%

China’s Kingold Jewelry Inc fell by 27% on the Nasdaq stock exchange on Wednesday after the company said it would... Read more

Chinas LBP Medicine Seeks To Raise $102m In STAR Market Offering

Guangzhou LBP Medicine Science & Technology Co., Ltd, a developer of pathological diagnostic products and services,... Read more

Alibaba-backed Logistics Firm Best Plans To List In Hong Kong

Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen t... Read more

India: ICICI, HDFC, Axis Bank Raise Nearly  $4.7b  Via QIP

Indian private sector lenders ICICI Bank, Axis Bank and Housing Development Finance Corp Ltd (HDFC) have raised nearly... Read more

Airbnb Said To Confidentially File For IPO In August

Short-term home rental company Airbnb Inc is close to confidentially filing paperwork for an initial public offering (I... Read more

Chinese Finance Platform Lufax Files For US IPO Of Up To $3bn

Chinese online wealth management portal Lufax has filed a confidential prospectus to raise up to $3 billion in a U.S. i... Read more