Business

Russias Yandex Does Not See IPO Of Taxi Joint Venture As Priority

A flotation of Yandex.Taxi, a joint venture between Russia’s top search engine Yandex and Uber Technologies Inc, is c... Read more

Philippine Lockdown Proves To Be $3.4b Boost For Telco Stocks PLDT, Globe

While the coronavirus grinds the $331 billion Philippine economy to almost a halt, a boom in mobile digital payments is... Read more

China Digest: JinXianDai Lists On ChiNext; KBC Eyes $133m In STAR IPO

SaaS provider JinXianDai made its trading debut on the ChiNext board in Shenzhen, while carbon composite products maker... Read more

HK-based Mobile Data Traffic Sharing Platform UCloudlink Files For $50m Nasdaq IPO

Hong Kong-based mobile data traffic sharing marketplace uCloudlink has moved towards an initial public offering (IPO) o... Read more

Philippine Bourse Halts Trading Of ABS-CBN Shares

Philippines’ ABS-CBN Corp and ABS-CBN Holdings Corp shares were suspended from trading on Wednesday after the telecom... Read more

Chinese Tech Firm NetEase Eyes Hong Kong Secondary Listing

Chinese technology group NetEase is set to become the next major mainland company to sell its shares in Hong Kong, two... Read more

Chinas Kingsoft Cloud Sets Terms For US Listing In First Major IPO Since COVID-19

China’s Kingsoft Cloud Holdings Ltd said on Monday it aims to sell up to $450 million in stock in a U.S. initial publ... Read more

Chinas State-owned Giants Say Farewell To Hong Kong Listings

Once viewed as a haven with access to foreign capital and marketplace discipline, Hong Kong’s stock exchange is seein... Read more

Bottled Water Company Nongfu Spring Plans $1b Hong Kong IPO

Chinese bottled water manufacturer Nongfu Spring is pressing ahead with its Hong Kong initial public offering (IPO) wor... Read more

Beijing SinoHytec Targets To Raise $170m In Shanghai STAR Market IPO

Beijing SinoHytec Co. Ltd., which makes hydrogen fuel cell engine, is set to be listed on Shanghai’s Nasdaq-like high... Read more

Tencent Buys 5% Stake In Australian Fintech Firm Afterpay

Chinese gaming and social media group Tencent Holdings has bought a 5% stake in Afterpay Ltd, the Australian buy-now-pa... Read more

Companies On Chinas STAR Hi-tech Market Post Profit Growth Amid Virus Outbreak

Companies listed on China’s new Nasdaq-style STAR Market posted combined profit growth in the first quarter as ... Read more

Over 120 Listed Chinese Firms Delay Annual Reports Past April 30 Deadline

The number of mainland China-listed firms to delay filing annual reports past the regulatory deadline of April... Read more

China Launches Property Investment Trusts To Spur Virus-hit Economy

China on Thursday said it will launch a pilot scheme for real estate investment trusts (REITs) in the infrastructure se... Read more

Luckin Coffee Delays Annual Report Amid Accounting Probes

Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with invest... Read more