Business

SoftBank Groups Stock Plunge Attracts Another Activist Investor

Another activist investor has bought a stake in SoftBank Group Corp., betting the recent stock plunge makes it a bargai... Read more

UOB Venture-backed Chinese AR Firm WiMi Hologram Raises $26m In US IPO

WiMi Hologram Cloud Inc, a Chinese provider of ad services and software used in holographic augmented reality (AR), rai... Read more

Bankers Brace For Sharp Slowdown In Asia IPOs On Virus Impact

Rarely have equity capital markets bankers had such a hard time predicting how business will be in the months to come. ... Read more

Chinese EV Battery Maker Farasis Seeks To Raise $479m In STAR Board Listing

Chinese electric vehicle battery maker Farasis Energy has received regulatory approval to raise around 3.4 billion yu... Read more

Chinese Developers Raise Funds Via Domestic Borrowings To Repay Offshore Debt

Chinese property firms facing a wave of maturing debt will raise funds on the mainland to refinance their offshore borr... Read more

CDH-backed Biotech Firm HitGen Eyes $118m In STAR Market IPO

Chengdu-headquartered biotech company HitGen Inc, which is backed by CDH Investments, is seeking to raise a total of 83... Read more

Chinas Pinduoduo Raises $1.1b In Private Placement Amid Volatile Markets

Chinese e-commerce firm Pinduoduo Inc said on Tuesday that it had raised $1.1 billion in a private share placement, bol... Read more

Does Southeast Asias IPO Surge In Q1 Look Like The Last Hurrah?

Southeast Asia saw a burst of initial public offerings (IPOs) in the first quarter of the year, but for many regional m... Read more

Chinese Hologram Provider WiMi Trims US IPO Range, Now Eyes $33m

WiMi Hologram Cloud Inc, a Chinese provider of ad services and software used in holographic augmented reality, has trim... Read more

Qiming-backed Sanyou Seeks To Raise $152m In STAR Market IPO

Qiming Venture Partners-backed innovative orthopedics implants company is targeting to raise a total of 1.08 billion yu... Read more

Shanghai Tops Global IPO League Table Despite COVID-19 Pandemic

Shanghai has topped global initial public offering (IPO) league table for the first time in nearly three years, eve... Read more

Tencent-backed WeDoctor Said To Pick Banks For Hong Kong IPO

WeDoctor, one of China’s biggest online health-care startups, has selected JPMorgan Chase & Co., Credit Suisse Gr... Read more

Asian Firms Splurge On Buybacks As Western Firms Avoid Them

Asian tycoons are gung-ho on share buybacks at a time when industry leaders in the U.S. and Europe are holding back bec... Read more

Japans GPIF To Allow Investing Up To 31% Of Its Assets In Foreign Bonds

Japan’s Government Pension Investment Fund will allow as much as 31% of its assets to be invested in foreign bonds, t... Read more

Chinese Health Firm Tycoon Group Starts Selling Masks Ahead Of IPO Launch

A Chinese maker of medicines and health supplements that recently added surgical masks and other “anti-epidemic” pr... Read more