Business

Chinese Firms Take Record 50% Of Global Equity Raising In First Half Of 2020

Firms in China brought in half of the equity capital raised globally this year so far, setting a record that highlights... Read more

Nasdaq To Suspend Trading Of Chinas Luckin Coffee Shares From Monday

Luckin Coffee Inc said on Friday its shares would be suspended from trading on the Nasdaq from next week as i... Read more

SoftBank-backed Lemonade Takes 30% Valuation Cut, Seeks To Raise $286m Via IPO

SoftBank Group Corp-backed insurance startup Lemonade Inc aims to raise up to $286 million in its U.S. initial public o... Read more

Thai Medical Glove Maker Raises $482m In IPO To Boost Production

Thailand’s first major IPO amid the pandemic brought in 14.9 billion baht ($482 million) for the kingdom’s largest ... Read more

Chinese AI Chip Provider Cambricon Seeks $400m In STAR Market IPO

Chinese AI chip unicorn Cambricon Technologies aims to raise up to 2.8 billion yuan ($400 million) in an initial public... Read more

SoftBanks Equity Value Back To Pre-COVID Levels, Says CEO Son

SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the ... Read more

Tencent-backed Online Property Site Beike Seeks $2b In US IPO

Beike Zhaofang, a Chinese online property brokerage backed by Tencent Holdings and SoftBank Group, has filed to go publ... Read more

Thai Rubber Glove Maker Sri Trang Seeks To Raise $480m Via IPO

Sri Trang Gloves Thailand (STGT) plans to raise 14.9 billion baht ($480.34 million) in an initial public offering (IPO)... Read more

China IPO Digest: Tinavi Eyes $71m In STAR Market Offering; Kutesmart Plans To Raise $50m

Orthopedic robots maker Beijing Tinavi Medical Technology seeks to raise 504 million yuan ($71 million) on STAR Market.... Read more

Why Hong Kong Is Poised To Benefit From A Rush Of China Listings

Twenty years ago, 29-year-old Ding Lei led his internet startup NetEase to Nasdaq as one of the first Chinese tech co... Read more

PE-backed Korean Social Casino Gaming Firm DoubleDown Targets $198m In US IPO

DoubleDown Interactive, a South Korean developer and publisher of mobile- and web-based casual casino games, targets to... Read more

China To Revamp Benchmark Equity Index, STAR As Pursues Growth

China will revamp its benchmark equity index by introducing more high-tech strength and removing loss-making comp... Read more

SK Biopharmaceuticals Prices At Top Of Range For S Koreas Biggest IPO In 3 Yrs

Drugmaker SK Biopharmaceuticals Co Ltd priced its initial public offering on Friday at the top of its indicative ran... Read more

Chinese High-tech Manufacturer Juheshun Raises $79m In Shanghai IPO

Hangzhou Juheshun New Material Co Ltd, a Chinese firm that manufactures synthetic fibres, has raised 556 million yuan (... Read more

Qiming-backed Biopharma Firm Gan & Lan Seeks To Raise $359m In Shanghai IPO

Gan & Lee Pharmaceuticals has kicked off its IPO subscription exercise as it seeks to bag a total of 2.5 billion yu... Read more