Business

SoftBank Touts Vision Fund Gains, Refuses To Disclose Operating Profit

SoftBank Group Corp broke with tradition on Tuesday and declined to disclose operating profit in its quarterly results... Read more

Chinese Intelligent Manufacturing Firm SK Automation Raises $105m IPO

Shanghai SK Automation Technology, a Chinese developer of intelligent manufacturing equipment, has raised 733 million y... Read more

Chinese Firms Rush To Raise Over $5b In US IPOs Ahead Of New Restrictions

Chinese companies are rushing forward with plans to raise more than $5 billion in initial public offerings in New York ... Read more

Xiaomi Fund-backed VeriSilicon Seeks To Raise $267m In STAR Market IPO

VeriSilicon Microelectronics (Shanghai) Co., Ltd is seeking to raise as much as 1.87 billion yuan ($267 million) in an ... Read more

Chinas WeWork Rival Ucommune Withdraws $100m US IPO, Eyes Backdoor Listing

Chinese shared workspace provider Ucommune Group Holdings has officially withdrawn its plans for a $100-million initial... Read more

Chinese Electric Vehicle Maker XPeng Motors Files For US IPO

Chinese electric-car startup Xpeng Motors has filed for a U.S. initial public offering, right behind rival Li Auto Inc.... Read more

Tencent-backed Chinese Realty Company KE Holdings Eyes $2b US IPO

KE Holdings Inc, a China-based real estate services provider backed by Tencent, said on Friday it will aim to raise up ... Read more

India: Mindspace Reit Makes Stock Market Debut At A 10% Premium

Blackstone-backed Mindspace Business Parks Reit stock made its market debut on Friday at a 10% premium over its issue ... Read more

Yum China Targets Second Listing In Hong Kong In September

Yum China Holdings Inc. is targeting a second listing in Hong Kong as early as September, people familiar with the matt... Read more

China IPO Digest: MEMSensing, Shijia Eye STAR Market Debut

China’s MEMSensing Microsystems and Shenzhen Capital Group-backed Henan Shijia Photons Technology have announced upda... Read more

SoftBank Seen Returning To Profitability Despite Significant Losses

SoftBank Group Corp is seen booking a 75% first-quarter profit plunge on Tuesday, albeit making a return to profitabil... Read more

Hillhouse-backed Biotech Firm Jacobio Plans Up To $400m Hong Kong IPO

Jacobio Pharmaceuticals Co., a Chinese biotechnology company focusing on cancer treatments, is planning a Hong Kong ini... Read more

Malaysian Glove Maker Harps Holdings Weighs $500m IPO

Malaysian glovemaker Harps Holdings Sdn. is weighing an initial public offering in Kuala Lumpur to raise about $500 mil... Read more

Swelling Optimism Boosts SG-based Sea Ltds Shares By Over 880%

It gets far less attention than Tesla, the FAANGs or even the Robinhood flavour of the week. Yet Sea Ltd. has quietly... Read more

Chinese Medical Device Supplier Succeeder Seeks $147m In STAR Market IPO

Beijing Succeeder Technology Inc, a supplier of in-vitro diagnosis equipment, is seeking 1.028 billion yuan ($147 milli... Read more