Business

Khazanah Raises $168.6m By Selling Telekom Malaysia Shares At Discount

Malaysian sovereign wealth fund Khazanah Nasional Bhd on Friday said it divested 172.3 million shares in telco player T... Read more

China IPO Digest: Wuxi Autowell Lists On STAR Market; Damon Eyes $69m

Intelligent equipment maker Wuxi Autowell Intelligent Equipment on Thursday made its trading debut in STAR Market after... Read more

Greater China-based Firms Raised $13.7b From Public Markets In Q1

China- and Hong Kong-based companies raised a combined $13.7 billion through initial public offerings (IPOs) in the fro... Read more

Chinese Search Engine Baidu Mulls Delisting From Nasdaq To Boost Its Valuation

Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer ... Read more

Chinas Starbucks Rival Luckin Coffee Shares Crash On Delisting Risk

Shares in Luckin Coffee Inc slumped almost 40% to a record low in premarket trade on Wednesday, as they resumed tradi... Read more

China Everbright-backed Ad Firm Threes Company Eyes $147m In Shanghai IPO

Three’s Company Media Group Co., Ltd, an internet-focused advertisement company, is seeking to raise 1.046 billion yu... Read more

Indian Transmission Firm Power Grid To File Draft Papers For $1b InvIT

Electricity transmission company Power Grid Corp. of India Ltd plans to file a draft prospectus for a $1 billion infra... Read more

Nasdaq Notifies Chinas Luckin Coffee Of Plans To Delist It From US Bourse

Luckin Coffee Inc said on Tuesday that Nasdaq Inc has notified it of plans to delist it from the U.S. stock exchange, a... Read more

Nasdaq To Tighten Listing Rules In Move Seen To Curb Chinese IPOs

Nasdaq Inc is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it harder for so... Read more

China Urges Local Companies To List In London In Renewed Global Push

China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to r... Read more

Sea Group Announces $1b Convertible Note Offering, Narrows Q1 Losses

NYSE-listed Sea Group on Monday announced a proposed $1 billion convertible senior note offering, hours after reporting... Read more

SoftBank Posts Record $13b Operating Loss As Tech Bets Stumble

SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financ... Read more

Payments technology Firm Shift4 files For US IPO

Payments technology firm Shift4 Payments Inc filed for its U.S. initial public offering on Friday, at a time when... Read more

Chinese Video Platform Leshi Delisted From Shenzhen Exchange After Losses

Chinese video-streaming company Leshi Internet Information & Technology said Thursday that it had been delisted fro... Read more

J&J-backed Cell Therapies Developer Legend Biotech Files For Nasdaq IPO

Legend Biotech, a global novel cell therapy spin-off of Hong Kong-listed biotech company GenScript Biotech, has filed f... Read more