Business

China IPO Digest: Ruixin Lists On ChiNext; Raycloud Seeks To Raise $61m

Aluminum alloy products supplier Tianjin Ruixin Technology listed at a premium on the ChiNext board in Shenzhen, while... Read more

Chinas SaaS Developer Fortune Trend To Raise $253m In STAR Market IPO

Shenzhen-headquartered securities industry software-as-a-service (SaaS) provider Fortune Trend Technology Co., Ltd, has... Read more

HK-listed Kingsofts Cloud Computing Spinoff Files For $100m US IPO

Kingsoft Cloud, the cloud computing spin-off of Hong Kong-listed Chinese software firm Kingsoft, has filed for an initi... Read more

Venture Smart Asia Launches HKs First Approved Crypto Fund

Venture Smart Asia Ltd. has launched Hong Kong’s first approved cryptocurrency fund with a target first-year size of... Read more

Over A Dozen Japanese Firms Cancel IPOs This Month

Fourteen Japanese companies have scrapped plans for initial public offerings (IPO) this month, more than in the afterma... Read more

IPO Digest: Risuntek Lists In Shenzhen; Wantai Eyes $54m In Shanghai

Acoustic products supplier Risuntek made its trading debut in Shenzhen after raising 416 million yuan ($59 million) in ... Read more

Uber Withdraws 2020 Forecast, Expects Up To $2.2b Charge In Q1

Uber Technologies Inc said on Thursday it expects an impairment charge of up to $2.2 billion in the first quarter due t... Read more

Racing Against Time, Australian Companies Amass Over $6b Via Share Sales

Australian companies have raised more than A$10 billion ($6.29 billion), the second highest on record, from selling new... Read more

Southeast Asia Q1 IPO Surge Unlikely To Sustain Amid COVID-19 Crisis

Listing plans in the pipeline in Singapore are likely to be impacted in the next few quarters owing to their over-relia... Read more

GSX Techedu Is Latest US-listed Chinese Firm To Tumble After Fraud Allegations

Another New York-listed Chinese company was targeted by an American short seller that alleged the company inflated reve... Read more

Malaysia, Shenzhen Stock Exchanges Sign MoU To Improve Cross-border Collaboration

Malaysia‘s stock exchange has entered into a memorandum of understanding with Shenzhen Stock Exchange to broaden oppo... Read more

Chinas Science Service Provider Titan Scientific Refiles For STAR Market IPO To Raise $76m

Chinese science equipment and service provider Shanghai Titan Scientific has refiled for an initial public offering (IP... Read more

Chinas Measuring Instruments Provider CEM Raises $70m In Shenzhen IPO

China’s Shenzhen Everbest Machinery Industry Co Ltd (also known as CEM), listed its shares at a premium on the Shenzh... Read more

China IPO Review: Offering Sizes Halved In March, Luckin Scandal To Weigh On Investor Confidence

IPO activity of Chinese firms continued to be sluggish in March and the pace is likely to last a few months as aspirant... Read more

CICF-backed NSIG Eyes $341m STAR Market IPO

China Integrated Circuit Industry Investment Fund (CICF)-backed National Silicon Industry Group (NSIG) is seeking to ra... Read more